You have 4 Possible State outcomes You are given the probability and return in both state 1 and 2 State 3 and 4 probability and returns are provided below Use this information to compute the Expected Return for Tag Me State 3 has a probability of 40 with a return of 15 00 State 4 has a probability of 20 with a return of 21 50 Respond in percentage form without the percent sign and round to the second decimal place states Probability of return in a Outcome a given state given state 1 10 16 00 2 30 8 30 3 4

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Question: You have 4 Possible State outcomes. You are given the probability and return in both state 1 and 2. State 3 and 4 probability and

You have 4 Possible State outcomes. You are given the probability and return in both state 1 and 2. State 3 and 4 probability and returns are provided below. Use this information to compute the Expected Return for Tag Me.

State 3 has a probability of 40% with a return of 15.00%
State 4 has a probability of 20% with a return of 21.50%

Respond in percentage form without the percent sign and round to the second decimal place.


states	Probability of	return in a
Outcome	a given state	given state
1	10%	-16.00%
2	30%	8.30%
3
4

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