Variance and standard deviation (expected). Hul Consutants, a famous think tank in the Midwest, has provided probabilly estimates for the four polential economic states for the coming year i the following table: . The probabity of a boom economy is 15%, the probability of a stable growth economy is 20%, the probability of a stagnant ecanomy is 46%, and the probabily of a recession is 19\%. Calculate the variance and the standard deviation of the three investments: stock, corporate bond, and government bond. If the estimates for both the probab ities of the oconom and the returns in each state of the economy are correct, which investrnent would you choose, considering both risk and return? Hint Make sure to round all inbermediato calculations to at least seven (7) decimal places. The input instructions, phrases in parenthesis atter oach answer bok only apply for the answers you wil Fype. What is the variance of the sieck investment? Data table (Click on tha following kon D in order to copy its contents into a spreadsheet)