The following table describes the asset allocation of your portfolio with the corresponding return in percentage, X, and the proportion of that specific asset in the portfolio, P(X).
Asset X P(X)
Money Market 10% .10
Short Term Securities 15% .10
Long Term Debt 25% .20
Large Cap Equity 25% .35
Small Cap Equity 15% .15
International Equity 10% .10
Calculate the E(X) for this portfolio. (mean)
Calculate the E{[X-E(X)]2} for this portfolio. (variance)