The Probability of the Economy Booming Is 10 Percent,while It

question 86

Multiple Choice

The probability of the economy booming is 10 percent,while it is 60 percent for being normal,and 30 percent for being recessionary.A stock is expected to return 16 percent in a boom,11 percent in a normal economy,and lose 8 percent in a recession.What is the standard deviation of the returns?

• A)5.80 percent
• B)7.34 percent
• C)8.38 percent
• D)9.15 percent
• E)9.87 percent

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Definitions:

Irrigate

The process of washing out an area or wound with a stream of fluid.

Urinary Elimination

The process by which the kidneys filter waste from the blood and transport urine to the bladder for excretion.

Ileal Conduit

A surgical procedure to create a pathway for urine to exit the body through the abdominal wall after removal of the bladder.

Diuretic

A substance that promotes the increased production of urine, often used in medicine to manage fluid balance and reduce swelling.