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please type out your answer and show your work preferably not an excel sheet. Layout Tables Charts SmartArt Formulas Data Fond Allonnent Format Cells FI

image text in transcribedplease type out your answer and show your work preferably not an excel sheet.
Layout Tables Charts SmartArt Formulas Data Fond Allonnent Format Cells FI Liberation Sans 12 AA abc Wrap Text General De B 1 U Merge 2.0 Conditional Formatting Styles Insert Delete Format fx Problem 7.16 D B E F G H 7.16 Calculating the variance and standard deviation: Barbara is considering investing in a stock and is aware that the return on that investment is particularly sensitive to how the economy is performing. Her analysis suggests that four states of the economy can affect the return on the investment. Using the table of returns and probabilities below, find the expected return and the standard deviation of the return on Barbara's investment. Problem 7.16 Prob Boom 0.1 Good 0.4 Level 0.3 Slump 0.2 Return 25.00% 15.0096 10.0096 -5.00%

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