5 6. Q: Process of devising a list of possible economic scenarios and specifying the likelihood of each one, as well as the holding period returns that will be realized in each case a) Scenario analysis b) Probability expectation c) Chance variance d) None of the above Scenario analysis for a stock index fund (Upcoming Period) Scenario Probability HPR (%) Severe Recession 0.1 -40 Mild Recession Normal growth 0.45 0.25 38 Boom Totated as a