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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Definitions:

Acne Scars

Markings or indentations on the skin resulting from the healing of acne.

Nevi

Pigmented skin lesions, also known as moles, which are usually benign but can sometimes develop into melanoma, a type of skin cancer.

Tattoos

Permanent marks or designs made on the skin by inserting pigment through punctures in the skin's top layer.

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Lines or creases in the skin, often resulting from aging, repeated facial expressions, or environmental factors.