Suppose your expectations regarding the stock market are as follows: State of Economy Probability HPR
Boom 0.2 37%
Normal growth 0.6 22%
Recession 0.2 -20%

S
E(r)=∑p(s)r(s)E(r)=∑s=1Sp(s)r(s)
s=1

S
Var(r)=σ^2=∑p(s)r(s)−E(r)]2Var(r)=σ 2=∑s=1Sp(s)r(s)−E(r)]2
s=1

SD(r)=σ^2=√Var(r)

Required:
Use the above equations to compute the mean and standard deviation of the HPR on stocks. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

As manager of kids skids, meghan wants to develop her relationship management skills. in order to do this, she learns how to

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

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