Question: Using the table below, compute the standard deviation of the returns. State of the Economy Probability(%) Projected Return (%) Recession 8 -6.79 Moderate 18 2.67
Using the table below, compute the standard deviation of the returns.
| State of the Economy | Probability(%) | Projected Return (%) |
| Recession | 8 | -6.79 |
| Moderate | 18 | 2.67 |
| Average | 47 | 9.55 |
| Good | 16 | 13.26 |
| Outstanding | 11 | 22.49 |
The standard deviation is ......... (Round to two decimal places.)
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