Question: Based on the attached case study QUESTION The managing director has indicated that because of financial risks the company experienced the following annual losses over
Based on the attached case study QUESTION The managing director has indicated that because of financial risks the company experienced the following annual losses over the past five years: $10,000, $15,000, $8,000, $12,000, $18,000 and on the other hand cyber related attacks resulted in the following losses over the past five years: $5,000, $20,000, $6,000, $9,000, $15,000. Compare the standard deviation for financial and cyber related risks and comment on the relative volatility associated to each risk. Comment on how the findings can influence decision making for the organization. Guideline Provide Relevant examples and illustrations need to be provided for and secondary research needs to be conducted. Relevant calculations and illustrations need to be provided.
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