Question 1 3 pt: The tighter the probability distribution of its expected future returns the greater the risk of a given investment as measured by its standard deviation False True Inflation, recession, and high interest rates are economic events that are best characterized as being risks that should not be considered by security analysts or portfolio managers. company-specific risk factors that can be diversified away. systematic risk factors that can be diversified away. among the factors that are responsible for market risk. Irrelevant except to governmental authorities like the Federal Reserve