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
Correct Answer:
Verified
Correct Answer:
Verified
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