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Category > Business & Finance Posted 10 Jun 2017 My Price 8.00

19 Magee Inc.'s manager believes that economic conditions

19

Magee Inc.'s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will have the probability distribution shown below. What's the standard deviation of the estimated returns? (Hint: Use the formula for the standard deviation of a population, not a sample.)

Economic Conditions Table
Economic
Conditions		 Prob. Return
Strong 30% 32.0%
Normal 40% 10.0%
Weak 30% -16.0%

Select one:

a. 21.55%

b. 20.52%

c. 19.55%

d. 18.62%

e. 17.69%

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Status NEW Posted 10 Jun 2017 08:06 AM My Price 8.00

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