Q No. 2 Based on data in the following Table: -

Economy	Prob	Firm X	Firm Y
Recession	0.1	-27.0%	27.0%
Below avg	0.2	-7.0%	13.0%
Average	0.4	15.0%	15%
Above avg	0.2	25.0%	-11.0%
Boom	0.1	40.0%	-21.0%

1. Compute the expected rate of returns for firms x and firm y. (Total Marks 1.5)
2. Compute the standard deviation for firms x and firm y. (Total Marks 1.5)
3. Compute the coefficient of variations for firm x and y. (Total Marks 1.5)

As a financial advisor which firm would you recommend for investment.