IncorrectQuestion 2

Use the following information:

	Probability	w1	w2	w3
state1	0.3333333	15.00%	8.00%	3.00%
state2	0.3333333	9.00%	5.00%	8.00%
state3	0.3333333	12.00%	7.00%	4.00%
% wealth invested		33.3333%	33.3333%	33.3333%

What is the standard deviation of the second asset (assume population standard deviation calculation)?

greater than 3.50%

between 3.00% and 3.50%

less than 2.00%

between 2.50% and 3.00%