Suppose Option a Has a Higher Standard Deviation Than Option

question 66

Multiple Choice

Suppose option A has a higher standard deviation than option B.Which of the following statements is,in general,true?

• A)A risk-averse person prefers option B to option A.
• B)A risk-neutral person is indifferent between options A and B.
• C)A risk-averse person prefers option A to option B.
• D)Insufficient information to determine.

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