The Standard Deviations (In Thousands of Dollars) for Building a Small

question 23

Multiple Choice

The standard deviations (in thousands of dollars) for building a small and large complex are 535 and 976, respectively. Based on the resulting coefficients of variation (CV) , which of the following statements would be true?

• A) The CV of building a large complex is less than that of building a small complex.
• B) The CV of building a small complex is less than that of building a large complex.
• C) The risk averse action would be to build a large complex.
• D) Since the CV of building a large complex is less than that of building a small complex, the risk averse action would be to build a large complex.
• E) The CV of building a small complex is about the same as that of building a large complex.

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Definitions:

Placenta

An organ that develops in the uterus during pregnancy, providing oxygen and nutrients to, and removing waste from, the fetus.

Trophoblast

A layer of cells surrounding the blastocyst in early development that provides nutrients to the embryo and develops into part of the placenta.

Inner Cell Mass

The inner cell mass is a group of cells inside the primordial embryo that will eventually develop into the fetus.

Germ Layers

The three primary layers of cells (ectoderm, mesoderm, and endoderm) in an embryo that develop into all organs and tissues of the body.