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The probability of a boom economy is 2 0 % , the probability of a stable growth economy is 3 0 % , the probability

The probability of a boom economy is 20%, the probability of a stable growth economy is 30%, the probability of a stagnant economy is 30%, and the probability of a recession is 20%. The following returns are expected:
Boom: 25% Stable Growth: 10%
Stagnant Economy: 5%. Recession: -15%
What is the standard deviation of the following outcomes if the expected (mean) return is 6.5?14.55%6.45%10.45%12.85%8.45%

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