Calculating Returns and Deviations. Based on the following information, calculate the expected return and standard deviation for the two stocks.

Stock Q Rate of Return Calculating the expected return and standard deviation for the two stocks. State of Probability of Stock P Economy State of Economy Rate of Return Recession 0.20 0.04 Normal 0.65 0.08 0.16 0.15 Boom -0.20 0.20 0.60