Following are three economic states, their likelihoods, and the potential returns. Determine the standard deviation of...

 

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Following are three economic states, their likelihoods, and the potential returns. Determine the standard deviation of the expected return. (Do not round intermediate calculations and round your answer to 2 decimal places.) Economic State Probability Return Fast growth 0.32 38% Slow growth 0.34 11% Recession 0.34 -31% Following are three economic states, their likelihoods, and the potential returns. Determine the standard deviation of the expected return. (Do not round intermediate calculations and round your answer to 2 decimal places.) Economic State Probability Return Fast growth 0.32 38% Slow growth 0.34 11% Recession 0.34 -31%

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To calculate the standard deviation of the expected return we first need to calcul... View the full answer