Standard deviation versus coefficient of variation as measures of risk Greengage in a successful nursery, is considering several expansion projects All the nternatives promise to produce an acceptable retum Data on four possible projects appear in the following table a. Which project is east risky judging on the basis of range? b. Which project was 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 coalicient of variation for each project which project do you think Greengage's owners should choose? Data Table (Click on the icon in order to copy the contents of the data below into a spreadsheet) Project B Expected return 1289 11.99 1259 11% Range 54% 47 40 028 Standard deviation 34 299 319 361 D Print Done