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Using the table below, compute the standard deviation of the returns. Probability (%) Projected Return (%) -9.00 -3.00 10.00 14.00 33.00 State of the Economy.

Using the table below, compute the standard deviation of the returns. Probability (%) Projected Return (%) -9.00 -3.00 10.00 14.00 33.00 State of the Economy. Recession Moderate Average Good Excellent 12 19 45 17 7 Express your answer in percentage terms, rounded to two decimal places (i.e. X.YY)

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