Question: Question 3 0 / 2 pts Outcome Probability Return Boom 60% 0.27 Normal 25% 0.23 Recession 10% 0.11 Depression 5% 0.04 What is the variance

Question 3

0 / 2 pts

Outcome Probability Return
Boom 60% 0.27
Normal 25% 0.23
Recession 10% 0.11
Depression 5% 0.04

What is the variance of this asset's returns? Please report your answer as a decimal, rounded to four decimal places.

Correct Answer

0.0091 margin of error +/- 0.0001

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