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SKI Mountain Ski Corp. was set up to take large risks and is willing to take the greatest risk possible. Lakeway Train Co. is more

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Mountain Ski Corp. was set up to take large risks and is willing to take the greatest risk possible. Lakeway Train Co. is more typical of the average corporation and is risk-averse Returns: Expected Value $322,000 754,000 185,000 145,000 Standard Deviation $211,000 420,000 142,000 212,000 Projects a-1. Compute the coefficients of variation. (Round your answers to 3 decimal places.) Coefficient of Variation Project A Project B Project C Project D a-2. Which projects should Mountain Ski Corp. choose? Project A Project B Project D Project C b. Which one of the four projects should Lakeway Train Co. choose based on the same criteria of using the coefficient of variation? Project C Project B Project D Project A

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