Consider Four Lotteries, A, B, C, and D, All with an Expected

question 69

Multiple Choice

Consider four lotteries, A, B, C, and D, all with an expected value of $100. The associated standard deviations of the lotteries are: A is 10, B is 15, C is 5, and D is 20. Which lottery is the riskiest?

• A)Lottery A
• B)Lottery B
• C)Lottery C
• D)Lottery D

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Definitions:

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