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Consider two investments, the first has equally likely outcomes of $ 1 , 0 0 0 , $ 1 , 1 0 0 , $
Consider two investments, the first has equally likely outcomes of $$$ and $ The second has outcomes of and
Both investments have the same expected value, but the first's standard deviation is greater than the seconds
The first investment has a higher expected value and higher standard deviation.
Both investments have the same expected value, but the seconds standard deviation is greater than the first's.
The second investment has a higher expected value and higher standard deviation.
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