You are given the following probability distribution for CHC Enterprises State of Economy Probability Rate of return Strong 0 25 20 Normal 0 45 9 Weak 0 3 4 What is the stock 's expected return Do not round intermediate calculations Round your answer to two decimal places What is the stock 's stand...

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You are given the following probability distribution for CHC Enterprises: State of Economy Probability Rate of return

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You are given the following probability distribution for CHC Enterprises:

State of Economy	Probability	Rate of return

Strong	0.25	20	%
Normal	0.45	9	%
Weak	0.3	4	%

What is the stock's expected return? Do not round intermediate calculations. Round your answer to two decimal places.

What is the stock's standard deviation? Do not round intermediate calculations. Round your answer to two decimal places.

What is the stock's coefficient of variation? Do not round intermediate calculations. Round your answer to two decimal places.

Related Book For answer-question

Introduction to Business Statistics

ISBN: 978-1111524081

7th edition

Authors: Ronald M. Weiers

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Posted Date: Jan 04, 2021 12:22 AM

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You are given the following probability distribution for CHC Enterprises: State of Economy Probability Rate of return

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Introduction to Business Statistics

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