Question: Compute the standard deviation given these four economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast Growth 0.20 100% Slow Growth
Compute the standard deviation given these four economic states, their likelihoods, and the potential returns:
| Economic State | Probability | Return |
|---|---|---|
| Fast Growth | 0.20 | 100% |
| Slow Growth | 0.50 | 10% |
| Recession | 0.20 | 1% |
| Depression | 0.10 | -10% |
Multiple Choice
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38.65 percent
-
88.06 percent
-
23.8 percent
-
12.19 percent
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