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You Are a Hotel Manager, and Are Considering Four Projects

Question 2

Multiple Choice

You are a hotel manager, and are considering four projects that yield different payoffs, depending upon whether there is an economic boom or recession.The potential payoffs and corresponding payoffs are summarized in the following table.
You are a hotel manager, and are considering four projects that yield different payoffs, depending upon whether there is an economic boom or recession.The potential payoffs and corresponding payoffs are summarized in the following table.    -Which project has the greatest variance? A) A B) B C) C D) D
-Which project has the greatest variance?


A) A
B) B
C) C
D) D

Correct Answer:

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