Show all work to receive full credit Year Tippy Stock Sibbit Stock 2007 -10.8% 3.85% 2008 -3.5% -7.25% 2009 4.9% 4.33% 2010 2.9% 8.21% 2011 -3.8% -2.55% The Z-statistic at the 5% confidence level is 1.6449 S&P 500 -2.87% 3.39% 1.45% 4.56% -2.38% The Z-statistic at the 10% confidence level is 1.2816 The Z-statistic at the 1% confidence level is 2.3263 4. What is the maximum expected loss for Tippy stock at the 1% confidence level using standard deviation? 5. What is the maximum expected loss for S&P at the 5% confidence level using standard deviation? 6. What is the maximum expected loss for stock Tippy stock at the 5% confidence level using beta