Compute the Standard Deviation Given These Four Economic States, Their

question 34

Multiple Choice

Compute the standard deviation given these four economic states, their likelihoods, and the potential returns:
$$\begin{array}{l}\begin{array} { c c r } \text { Eccrorric State }&\text { Probability } & \text { Return } \\\text { fast growth }&0.20 & 100 \% \\\text {slow growth }&0.50 & 10\% \\\text { recession }&0.20 & - 1\%\\\text { depression }&0.10 & - 10\%\end{array}\end{array}$$

• A) 12.19 percent
• B) 23.8 percent
• C) 38.65 percent
• D) 88.06 percent

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Definitions:

Shrugging Shoulders

A movement involving elevation of the shoulders, often as a gesture of indifference or to activate specific muscles in the upper body.

Biaxial Joint

A type of synovial joint that allows movement around two axes, providing a greater range of motion, such as seen in the wrist or ankle.

Articular Cartilage

A smooth, white tissue that covers the ends of bones where they come together to form joints.

Plantar Flexion

The movement of the foot that increases the angle between the sole of the foot and the back of the leg, like pointing the toes.