Assume that we wish to determine the expected value and standard deviation of returns of Assets A. The expected returns of assets A and probabilty for each of the next 5 years are given in columns 1 and 2 respectively in the table. Find the expected value and standard deviation of returns for Asset A.
Year
Asset A
Prob.
2019
18,00
0,25
2020
16,00
0,20
2021
13,00
0,15
2022
9,00
2023
11,00
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