If One Project Has a Higher Standard Deviation Than Another

question 64

Multiple Choice

If one project has a higher standard deviation than another,

• A) it may have a lower risk.
• B) it may have a lower expected value.
• C) it has fewer possible outcomes.
• D) it may be riskier, but this can only be determined by the coefficient of variation.

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Definitions:

Asbestos

A group of naturally occurring fibrous minerals used in building materials and products, known for its durability and fire resistance but also for health risks such as mesothelioma.

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Resource Conservation

The practice of managing the use of natural resources wisely to ensure their availability and quality for future generations.

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