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Westover stock is expected to return 36 percent in a boom, 14 percent in a normal economy, and lose 75 percent in a recession. The

Westover stock is expected to return 36 percent in a boom, 14 percent in a normal economy, and lose 75 percent in a recession. The probabilities of a boom, normal economy, and a recession are 2 percent, 93 percent, and 5 percent, respectively. What is the standard deviation of the returns on this stock?

19.90 percent

20.52 percent

20.41 percent

18.79 percent

19.74 percent

PLEASE EXPLAIN HOW TO DO THIS WITH TI-84 GRAPHING CALCULATOR STATISTICS FUNCTION, not by hand or your answer will be disliked.

The correct answer is 19.74 percent

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