Question: Quantitative Problem: You are given the following probability distribution for CHC Enterprises: State of Economy Probability Rate of return Strong 0.2 19% Normal 0.5 8%
Quantitative Problem: You are given the following probability distribution for CHC Enterprises:
| State of Economy | Probability | Rate of return |
| Strong | 0.2 | 19% |
| Normal | 0.5 | 8% |
| Weak | 0.3 | -5% |
1)What is the stock's expected return? Do not round intermediate calculations. Round your answer to two decimal places. --%
2)What is the stock's standard deviation? Do not round intermediate calculations. Round your answer to two decimal places. -- %
3) What is the stock's coefficient of variation? Do not round intermediate calculations. Round your answer to two decimal places.
--%
Please show your work if you can. Thank you
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