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Greengage, Inc., a successful nursery, is considering several expansion projects. All the alternatives promise to produce an acceptable return. Data on four possible projects appear
Greengage, Inc., a successful nursery, is considering several expansion projects. All the alternatives promise to produce an acceptable return. Data on four possible projects appear in the following table: LOADING....
aWhich project is least risky, based on the range of possible outcomes?
bWhich project has the lowest standard deviation Explain why standard deviation may not be an entirely appropriate measure of risk for purposes of this comparison.
cCalculate the coefficient of variation for each project. Which project do you think Greengage's owners should choose?
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