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Assume you are risk-averse and have the following three choices. Expected Value Standard Deviation A $ 2,050 $ 1,430 B 2,750 1,130 C 2,120 1,260

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

Expected Value Standard Deviation
A $ 2,050 $ 1,430
B 2,750 1,130
C 2,120 1,260

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

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