Following are four economic states, their likelihoods, and the potential returns: Probability 0.31 0.42 0.15 0.12 Economic State Fast growth Slow growth Recession Depression Compute the expected return and standard deviation. Note: Do not round intermediate calculations and round your answers to 2 decimal places. Expected return Standard deviation Return 74% 15 -21 - 55 % %

Following are four economic states, their likelihoods, and the potential returns: Compute the expected return and standard deviation. Note: Do not round intermediote calculations ond round your answers to 2 decimal places