(29) Please calculate the standard deviation for the following. Please round to 2 decimals (if answer is 10% please answer 10.00) State of nature Eret 5.50% ABCD 8% -2% 3.60% Probability 14% 31% 48%

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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(29) Please calculate the standard deviation for the following. Please round to 2 decimals (if answer
is 10% please answer 10.00)
State of nature Eret
A
B
C
D
5.50%
8%
-2%
3.60%
Probability
14%
?
31%
48%
Transcribed Image Text:(29) Please calculate the standard deviation for the following. Please round to 2 decimals (if answer is 10% please answer 10.00) State of nature Eret A B C D 5.50% 8% -2% 3.60% Probability 14% ? 31% 48%
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