a. On the basis of a review of the return data, which investment appears to be more risky? Why? (Choose the best answ below.) A. Investment A and investment B have equal risk because the average returns are the same. B. The riskier investment appears to be investment B, with returns that vary widely from the average relative to investment A, whose returns show less deviation from the average. C. The riskier investment appears to be investment B, with returns that are closer to the average relative to investme A, whose returns are farther from the average. D. The riskier investment appears to be investment A, with returns that vary widely from the average relative to investment B, whose returns show less deviation from the average. b. The standard deviation for investment A is %. (Round to two decimal places.) The standard deviation for investment B is \%. (Round to two decimal places.) The historical retums for two investments-A and B-are summarized in the following table for the period 2016 to 2020 . Use the data to answer the questions that follow. a. On the basis of a review of the return data, which investment appears to be more risky? Why? b. Calculate the standard deviation for each investment's returns. c. On the basis of your calculations in part b, which investment is more risky? Compare this conclusion to your observation in c. On the basis of your calculations in part b, which investment is more risky? Compare this conclusion to your observation in part a. (Choose the best answer below.) A. Investment B is more risky than investment A, which does not support the conclusion reached in part a. B. Investment A is more risky than investment B, which does not support the conclusion reached in part a. C. Investment A is more risky than investment B, which confirms the conclusion reached in part a. D. Investment B is more risky than investment A, which confirms the conclusion reached in part a: (Click on the Icon Iocated on the top-right corner of the data table below in order to copy its contents into a spreadsheet.)