Question: Use the information shown in the table. What is the standard deviation of the rate of return? Enter your answer in the box shown below
Use the information shown in the table. What is the standard deviation of the rate of return? Enter your answer in the box shown below as a decimal number (not as a percentage) with 4 digits to the right of the decimal point State of Economy Probability of State Rate of Return if State Occurs Recession -0.22 Normal 0.5 0.14 Boom 0.3 0.28 0.2 Your Answer: 1
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
