Compute the Standard Deviation of the Expected Return Given These

question 20

Multiple Choice

Compute the standard deviation of the expected return given these three economic states, their likelihoods, and the potential returns: $$\begin{array} { | l | c | r | } \hline \begin{array} { l } \text { Economic } \\\text { State }\end{array} & \text { Probability } & \text { Return } \\\hline \text { Fast Growth } & 0.1 & 50 \% \\\hline \text { Slow Growth } & 0.6 & 8 \% \\\hline \text { Recession } & 0.3 & - 10 \% \\\hline\end{array}$$

• A)6.8 percent
• B)16.5 percent
• C)21.5 percent
• D)46.4 percent

Identify the various categories of adopters in the product adoption process.

Recognize the factors affecting the success and adoption rate of new products.

Grasp the concept of product life cycle and market strategies associated with each stage.

Analyze the role of social and psychological factors in the adoption of new products.

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Definitions:

Persuasion

The act of influencing someone's beliefs, attitudes, intentions, motivations, or behaviors through argument, reasoning, or appeal.

Speaker's Appearance

The physical look of a speaker, which can influence audience perception and reception of the message communicated.

Cognitive Dissonance

Cognitive dissonance is a psychological concept describing the discomfort experienced when holding contradictory beliefs, values, or attitudes, typically leading to a change in one of them to reduce the dissonance.

Attitudes

are psychological tendencies expressed by evaluating a particular entity with some degree of favor or disfavor.