and why? Thanks!

5.2 Risk and Risk Premiums Which portfolio is more risky? Spreadsheet 5.1 2 Scenario analysis for the stock market Column 8 x Deviation from Column B x Squared Deviation 110.45 110.25 6.40 120.00 347.10 8.63 Probability HPR()Column C Mean Return 3 Scenario 4 1. Severe recession 005 5 2. Mild recession -47.00 21.00 4.00 .37 3 Normal growth 7 4 Boom 8 Column sums: 14 30 Expected return 0.25 0 40 0 30 1.85 2.75 5.60 9.0020.00 10.00 Square root of variance- Standard deviation (%)- Spreadsheet 5.1 2 Scenario analysis for the stock market Column B x Deviation from Column B x Squared 3 Scenario 4 1 Severe recession Probability HPR () Column C Mean ReturnDeviation 05 0.25 0 40 0 30 39 039 1.95 2.25 4.84 9.36 10.00 -49.04 19.00 2.11 21.20 120.2512293 90.26947605 1.78 134.81 347 10 | 5-2 Mi, ession 6 3 Norhal growth 7 4 Boom 8 Column sums: 12 11 31.2 Square root of variance- Standard deviation (%)