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Consider the following table: Stock Fund. Bond Fund Scenario Probability Rate of Return Rate of Return Severe recession 0.05 38% 8% Mild recession 0.15 10.0%.
Consider the following table:
Stock Fund. Bond Fund
Scenario Probability Rate of Return Rate of Return
Severe recession 0.05 38% 8%
Mild recession 0.15 10.0%. 5%
Normal growth 0.30 15% 6%
Boom 0.50 25% 4%
a.Calculate the values of mean return and variance for the stock fund.(Do not round intermediate calculations. Round "Mean return" value to 1 decimal place and "Variance" to 4 decimal places.)
mean return:_________
variance:__________
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