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 probability of a boom economy is 10%, the probability of a stable growth economy is 19%, the probability of a stagnant economy is 40%, and the probability of a recession is 25%. Calculate the variance and the standard deviation of the three Investments: stock, corporate bond, and government bond if the estimates for both the probabilities of the economy and the returns in each state of the economy are correct, which investment would you choose, considering both risk and return? 00 Hint Make sure to round all intermediate calculations to at least seven (7) decimal places. The input instructions, phrases in parenthesis after each answer box, only apply for the answers you wil type What is the variance of the stock investment? D% (Round to sex decimal places.) What is the standard deviation of the stock investment? > Round to the decimal places) What is the variance of the corporate bond investment? Round to sex decimal places What is the standard destion of the corporate bond Investment? D (Round to two decimal places What is the variance of the government bond investment? [Round to se deo mal piace What is the standard deviation of the government bond investment? 0 Round to two cecimal places the estimates for bom the probabilites of the economy and the return the state of the economy are correct which investment would you roote considering both risk and return? Select the best response A There is not enough information to make this decision sure to round all intermediate calculations to at least seven (7) decimal places. The only apply for the answers you will type. e variance of the stock investment? - X Data Table Click on the following con the ROU in order to copy its contents into a spreadsheet) Turch EO Shite BE La 2096 15% 0% 10% 8% 89 0% 7% 5% th Stock Corporate bond Government bond Besesse 1296 4% 396 (Rol Print Done (Rol is the standard deviation of the government bond investment? Round to two decimal places) Estimates for both the probabilities of the economy and the returns in each state of the economy are correct which investment would you 054 considering both risk and return? (Select the best response )