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11 March, 00:30

Consider three stock funds, which we will call stock funds 1, 2, and 3. Suppose that stock fund 1 has a mean yearly return of 10.93 percent with a standard deviation of 41.96 percent, stock fund 2 has a mean yearly return of 13 percent with a standard deviation of 9.36 percent, and stock fund 3 has a mean yearly return of 34.45 percent with a standard deviation of 41.6 percent. Give a sentence or two to answer the question "which fund is riskier?"

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