Following are four economic states, their likelihoods, and the potential returns:
Economic State Probability. Return
Fast growth 0.26. 73 %
Slow growth 0.41 18
Recession 0.23 – 15
Depression 0.10 – 48
Compute the expected return and standard deviation. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Expected return %
Standard deviation %