Mathematics, 18.01.2021 22:50 raedusty3200

A stock will have a loss of 11.5% in a bad economy, a return of 2% in a normal economy, and a return of 25.2% in a hot economy. There is a 29% probability of a bad economy, a 32% probability of a normal economy and a 39% probability of a hot economy. What is the variance of the stock's returns

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A stock will have a loss of 11.5% in a bad economy, a return of 2% in a normal economy, and a return...