Question: Complete on an EXCEL spreadsheet - show steps/formulas inputted into Excel What is the variance of the following returns? State Probability Return Boom .20 .75
Complete on an EXCEL spreadsheet - show steps/formulas inputted into Excel
What is the variance of the following returns?
| State | Probability | Return |
| Boom | .20 | .75 |
| Good | .55 | .25 |
| Recession | .15 | -.10 |
| Depression | .10 | -.50 |
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