Following are three economic states their likelihoods and
Following are three economic states, their likelihoods, and the potential returns:
Economic State Probability Return
Fast growth 0.32 38 %
Slow growth 0.34 11
Recession 0.34 –31
Determine the standard deviation of the expected return.
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following are three economic states their likelihoods and the potential returnseconomic state probability returnfast
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