Continuing from question 1, answer the following questions. State of the economy Probability of each stateReturn Recession 10% -5% Moderate growth 60% Boom 30% 18% a. Calculate the variance b. Calculate the standard deviation C. Interpret the standard deviation relative to the normal distribution 6% Continuing from question 1, answer the following questions. State of the economy Probability of each stateReturn Recession 10% -5% Moderate growth 60% Boom 30% 18% a. Calculate the variance b. Calculate the standard deviation C. Interpret the standard deviation relative to the normal distribution 6%