Question- What is the standard deviation of this distribution? Note: Enter a numerical value only, do not include the % sign; and round your response to 1 digit after the decimal point. For example, you would enter 34.56% (or .3456) as 34.6

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 3SE: The Oxford Dictionary defines the word nominal asa value that is “stated or expressed but...
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An analyst thinks that the overall growth of the economy would impact the rate of return of the investment portfolio for the next year. Based on historical data, the analyst has developed the following possibilities:

Economic Growth Scenario Probability Portfolio Rate of Return
High Growth (More than 4%) 0.30 8%
Moderate Growth (Between 2% and 4%) 0.45 5%
Weak or Negative Growth (Less than 2%) 0.25 -8%

Question- What is the standard deviation of this distribution?

Note: Enter a numerical value only, do not include the % sign; and round your response to 1 digit after the decimal point. For example, you would enter 34.56% (or .3456) as 34.6

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