Mathematics, 23.06.2021 05:10 dlo2457

Suppose that next year the U. S. will be in one of the following economic conditions: Boom, Moderate Growth, Recession, or Depression. The probability that each economic condition will occur, and that a jewelry store will earn profits within that broader economic condition are listed below: Economic Condition Probability. Jewelry Store Profits
Boom 0.40 $400,000
Moderate Growth 0.30 $300,000
Recession 0.20 $100,000
Depression 0.10 -$500,000

The standard deviation of the jewelry store's profits next year is

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Suppose that next year the U. S. will be in one of the following economic conditions: Boom, Moderate...