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You are considering two projects namely Project X and Project Y.Project X has a low standard deviation but a high coefficient of variation as compared to Project Y.Project Y has a high standard deviation but a low coefficient of variation as compared to Project X.Which project will you select?

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You are considering two projects namely Project X and Project Y.<br />Project X has a low standard deviation but a high coefficient of variation as compared to Project Y.<br />Project Y has a high standard deviation but a low coefficient of variation as compared to Project X.<br />Which project will you select?






 
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