Consider the following returns and states of the economy for TZ.Com.:Economy ProbabilityReturnWeak 40%Normal 50%Strong 10%4%12%46%What is the standard deviation of TZ's returns? SET YOUR CALCULATOR TO FOURDECIMAL PLACES AND ROUND TO 2 DECIMAL PLACES AT THE END. DO NOTENTER THE %. FOR EXAMPLE, IF YOUR ANSWER IS 7.7011% ENTER IT AS 7.70.11.8536

Economy probability returns areprobabilityReturnWeak40%4%Normal50%12%Strong10%46%

Answered: Consider the following returns and…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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for the month of April, a checking account has a balance of $529 for 23 days, $2379 for 3 days, and $292 for 4 days. What is the account's mean daily balance for April? The account's mean daily balance for April is approximately $_____ Round to two decimal places as needed
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	probability	Return
Weak	40%	4%
Normal	50%	12%
Strong	10%	46%