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Assume you are risk-averse and have the following three choices. Expected Value Standard D

Assume you are risk-averse and have the following three choices. Expected Value Standard D

Assume you are risk-averse and have the following three choices.

Expected
Value Standard
Deviation
A $ 2,780 $ 1,880
B 2,660 1,320
C 1,910 1,010

a. Compute the coefficient of variation for each. (Round your answers to 3 decimal places.)

Projects Coefficient of Variation
A
B
C

b. Which project will you select?

Project C
Project A
Project B

Rosa Parks 07-Nov-2017

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