Homework: Ch 8 Pre HW Save Score: 0 of 1 pt 3 of 6 (0 complete) HW Score: 0%, 0 of 6 pts P8-8 (similar to) Question Help Standard deviation versus coefficient of variation as measures of risk 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: a. Which project is least risky, judging on the basis of range? b. Which project has the lowest standard deviation? Explain why standard deviation may not be an entirely appropriate measure of risk for purposes of this comparison C. Calculate the coefficient of variation for each project. Which project do you think Greengage's owners should choose? a. Which project is least risky, judging on the basis of range? (Select the best answer below.) O A. Project D OB. Project A O C. Project B OD. Project C Click to select your answer and then click Check Answer Clear All Final Check parts 7 remaining 0 Data Table (Click on the icon located on the top-right comer of the data table below in order to copy its contents into a spreadsheet.) Project A B C D Expected return 12.2% 11.896 12.1% 13.49 Range 5.9% 4.6% 4.9% 3.9% Standard deviation 3.4% 2.7% 3.6% 3.9% Print Done Clear All