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You are a hotel manager and you are considering four projects that yield different payoffs, depending upon whether there is an economic boom or a recession. The potential payoffs and
Corresponding payoffs are summarized in the following table. Which project has the greatest variance?
Species Richness
A measure of the number of different species represented in an ecological community, landscape or region.
Disturbance Hypothesis
posits that disturbances in an ecosystem can create opportunities for new species to colonize, thus affecting biodiversity.
Mycorrhizae
A symbiotic association between a fungus and the roots of a vascular host plant, enhancing nutrient and water absorption.
Fungi
A kingdom of spore-producing organisms that feed on organic matter, including molds, yeast, and mushrooms.
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