Following are four economic states, their likelihoods, and the potential returns:

Economic State		Probability		Return
Fast growth		0.36		53	%
Slow growth		0.42		12
Recession		0.11		13
Depression		0.11		45

Compute the expected return and standard deviation. (Do not round intermediate calculations and round your answers to 2 decimal places.)

Expected return		%
Standard deviation		%