Consider the following information: State Probability i of State i Actual Return of Johnson and Johnson Boom 78 % 21 % Bust 22% 1% What is the variance of Johnson and Johnson? (Round to 6 decimals) (Remember Variance is not in percentage terms!) Answer:

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter8: Time Series Analysis And_forecasting
Section: Chapter Questions
Problem 18P: Consider the following time series: Construct a time series plot. What type of pattern exists in...
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Consider the following information:
State
Probability
i
of State i
Actual
Return
of
Johnson
and
Johnson
Boom
78 %
21 %
Bust
22%
1%
What is the variance of Johnson and Johnson? (Round
to 6 decimals) (Remember Variance is not in
percentage terms!)
Answer:
Transcribed Image Text:Consider the following information: State Probability i of State i Actual Return of Johnson and Johnson Boom 78 % 21 % Bust 22% 1% What is the variance of Johnson and Johnson? (Round to 6 decimals) (Remember Variance is not in percentage terms!) Answer:
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