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Below is data on four different projects for Jim's Bakery. Expected Return Standard Deviation Project Cupcakes Muffins 13% 3% 14% 3.1% Scones 12% 4% Cookies

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Below is data on four different projects for Jim's Bakery. Expected Return Standard Deviation Project Cupcakes Muffins 13% 3% 14% 3.1% Scones 12% 4% Cookies 11% 5% 1. Looking at the standard deviation only, which project is the most risky? 2. What is the coefficient of variation for cupcakes? (Give at least 4 significant digits in your answer) 3. What is the coefficient of variation for cookies? (Give at least 4 significant digits in your answer) 4. What is the coefficient of variation for scones? (Give at least 4 significant digits in your answer)

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