Question: Expected Return: Discrete Distribution A stock's return has the following distribution: Demand for the Company's ProductsProbability of This Demand OccurringRate of Return if This Demand
Expected Return: Discrete Distribution
A stock's return has the following distribution:
Demand for the
Company's ProductsProbability of This
Demand OccurringRate of Return if This
Demand Occurs (%)Weak0.1-50%Below average0.2-5Average0.416Above average0.235Strong0.1651.0
Calculate the stock's expected return and standard deviation. Do not round intermediate calculations. Round your answers to two decimal places.
Expected return:-------------%
Standard deviation:-----------------%
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