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Assume you are risk-averse and have the following three choices. Expected Value Standard Deviation A $ 2,470 $ 900 B 2,890 1,400 C 1,710 770
Assume you are risk-averse and have the following three choices.
Expected Value | Standard Deviation | |||||||
A | $ | 2,470 | $ | 900 | ||||
B | 2,890 | 1,400 | ||||||
C | 1,710 | 770 | ||||||
|
a. Compute the coefficient of variation for each. (Round your answers to 3 decimal places.)
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