-Estimate the Standard Deviation of Bank A's Asset Allocation Proportions

question 28

Multiple Choice

$$\begin{array} { l c l l } & \text { National Benchmark } & \text { Bank A } & \text { Bank B } \\\text { Consumer Loans } & 50 \text { percent } & 65 \text { percent } & 35 \text { percent } \\\text { Commercial Loans } & 50 \text { percent } & 35 \text { percent } & 65 \text { percent }\end{array}$$
-Estimate the standard deviation of Bank A's asset allocation proportions relative to the national benchmark.

• A)15.00 percent.
• B)21.21 percent.
• C)29.89 percent.
• D)34.32 percent.
• E)40.44 percent.

---

Definitions:

Fire Extinguisher

A portable device used to put out small fires by discharging a substance that cools the burning material, deprives the flame of oxygen, or interferes with the chemical reactions occurring in the flame.

Positive Activities

Actions or pursuits that contribute to well-being and happiness, often involving physical, mental, or social engagement.

Self-confidence

The state of trust in one's abilities, qualities, and judgment.

Budget Period

A specific timeframe, usually a fiscal year or quarter, within which financial planning and expenditure occur.