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Following are four economic states, their likelihoods, and the potential returns Economic StateProbability Return Fast growth Slow growth Recessiorn Depression 0.28 0.4219 0.24-24 006 55

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Following are four economic states, their likelihoods, and the potential returns Economic StateProbability Return Fast growth Slow growth Recessiorn Depression 0.28 0.4219 0.24-24 006 55 80% Compute the expected return and standard deviation. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Expected return Standard deviation

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