Question: Based on the following table, calculate the expected return and the standard deviation State of the Economy Probability of Occurring Rate of Return Depression 20%
Based on the following table, calculate the expected return and the standard deviation
| State of the Economy | Probability of Occurring | Rate of Return |
| Depression | 20% | -12% |
| Recession | 25% | -4% |
| Normal | 45% | 20% |
| Boom | 10% | 50%
|
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