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Assume you are risk-averse and have the following three choices. Expected Value Standard Deviation A $ 1,860 $ 1,520 B 2,160 1,000 C 1,610 830
Assume you are risk-averse and have the following three choices.
Expected Value | Standard Deviation | |||||||
A | $ | 1,860 | $ | 1,520 | ||||
B | 2,160 | 1,000 | ||||||
C | 1,610 | 830 | ||||||
|
a. Compute the coefficient of variation for each. (Round your answers to 3 decimal places.)
b. Which project will you select?
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