Compute the Standard Deviation of the Expected Return Given These

question 1

Multiple Choice

Compute the standard deviation of the expected return given these three economic states, their likelihoods, and the potential returns: Economic State
Probability
Return
Fast Growth
0) 2
30%
Slow Growth
0) 5
6%
Recession
0) 3
-2%

• A)8.4 percent
• B)10.87 percent
• C)11.34 percent
• D)24.09 percent

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Definitions:

Agricultural Products

Items produced through farming or the cultivation of soil for the growing of crops and the rearing of animals to provide food, wool, and other products.

Farm Employment

Refers to labor or jobs related to agricultural activities, including cultivation, livestock management, and crop production.

Export Demand

Refers to the desire or requirement for a country's goods or services by another country.

American Agriculture

The sector of the US economy that deals with the production, processing, and distribution of food, fiber, and products derived from plants and animals.