Compute the Standard Deviation Given These Four Economic States,their Likelihoods,and

question 69

Multiple Choice

Compute the standard deviation given these four economic states,their likelihoods,and the potential returns:

• A) 7.5 percent
• B) 12.65 percent
• C) 39.48 percent
• D) 113.69 percent

---

Definitions:

Electricity Usage

The amount of electrical energy consumed by a household, organization, or area within a specific period.

Linear Model

A statistical model that assumes a linear relationship between the input variables (predictors) and a single output variable.

Maple Tree

A type of deciduous tree known for its distinctive leaf shape, often producing sap which can be processed into maple syrup.

Linear Model

A statistical model that assumes a linear relationship between input variables and the single output variable, where the output can be calculated from a linear combination of the inputs.