What would the composite standard deviation be for the risks

Reference no: EM13936386

Given the following standard deviations of risk type 1 and 2 of $200,000 and $300,000 along with their associated correlations shown below, what would the composite standard deviation be for these risks?

	$200,000	$300,000
Risk Type	1	2
1	1	0.15
2	0.15	1

Reference no: EM13936386

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