Please use the historical data below to answer this and the next set of questions. Which of the following stocks is less risky? Why?

Year

A

B

$1$

$-12\%$

$2\%$

$2$

$7\%$

$3\%$

$3$

$25\%$

$1\%$

$4$

$5\%$

$3\%$

Question $8$ options:

$1)$

Stock A$.$ It has lower standard deviation.

$2)$

Stock B$.$ It has a lower standard deviation.

$3)$

Both stocks have equal risk

$4)$

Insufficient information