Question Help Variance and standard deviation (expected) Hull Consultants, a famous think tank in the Midwest, has provided probability estimates for the four potential economic states for the coming year in the following table The probabty of a boom economy is 13%, the probability of a stable growth economy is 10% the probability of a stagnant economy is 53%, and the probability of a recession is 10% Calculate the variance and the standard deviation of the three stets stock, Corporatio bond, and government bond if the estimates for both the probabilities of the economy and the returns in each state of the economy we correct which investment would you choose, considering both risk and return? Hint Make sure to round all intermediate calculations to at least seven (7) decimal places. The input instructions, bases in parenthesis reach answer box, only apply for the answers you will type What is the real thinkin Investment Stock Corporate bond Government bond Boom 28% 10% 9% Forecasted Returns for Each Economy Stable Growth Stagnant 10% 5% 7% 5% 6% 4% Recession 15% 4% 3%