Condition

Boom
Moderate Growth
Recession
Depression

Amount
400000
300000
100000
-500000

Probability
0.4
0.3
0.2
0.10

Amount* Prob
160000
90000
20000
-50000

Mean: Sum of Amount * Probability for each of the condition

(400000*0.4)+(300000*0.3)+(100000*0.2)+(-500000*.10)
160000+90000+20000-50000=220000
Standard deviation
Condition
Boom
Moderate
Growth
Recession
Depression

Amoun
t
400000

Mean
220000

Amount
- Mean
180000

(AmtMean)^2
324*10^8

Probability
0.4

300000

220000

80000

64*10^8

0.3

100000
500000

220000
220000

-120000
-770000

144*10^8
5184*10^
8

0.2
0.10
Variance

Standard Deviation
SQRT of 696.*10^8=

263818

Amount*
Prob
129.6*10^
8
19.2*10^8
28.8*10^8
518.4*10^
8
696*10^8