Question: Quantitative Problem: You are given the following probability distribution for CHC Enterprises: State of Economy Probability Rate of return Strong 0.15 20 % Normal 0.55
Quantitative Problem: You are given the following probability distribution for CHC Enterprises:
| State of Economy | Probability | Rate of return | |
| Strong | 0.15 | 20 | % |
| Normal | 0.55 | 9 | % |
| Weak | 0.30 | -6 | % |
What is the stock's standard deviation? Do not round intermediate calculations. Round your answer to two decimal places.
%
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