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Following are four economic states, their likelihoods, and the potential returns: Economic State Fast growth slow growth Recession Depression Probability 0.22 0.55 0.18 0.05 Return

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Following are four economic states, their likelihoods, and the potential returns: Economic State Fast growth slow growth Recession Depression Probability 0.22 0.55 0.18 0.05 Return 66% 26 -19 -53 Compute the expected return and standard deviation. (Do not round intermediate calculations and round your answers to 2 decimal places.) Expected return Standard deviation

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