Question: Economic State Probability Return Fast Growth 25% 24% Slow growth 60% 9% Recession 15% -6% Compute the standard deviation of the expected return given these

Economic State Probability Return
Fast Growth 25% 24%
Slow growth 60% 9%
Recession 15% -6%

Compute the standard deviation of the expected return given these three economic states, their likilihoods, and the potential returns:

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