Question: The average annual return on a certain stock is 8.3%, and the variance of the returns on the stock is 2.3. Another stock has an

The average annual return on a certain stock is 8.3%, and the variance of the returns on the stock is 2.3. Another stock has an average return of 8.4% per year and a variance of 6.4. Which stock is riskier? Why?

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