If one project has a higher standard deviation than another, it has fewer possible outcomes. it always has a greater risk. it always has a higher expected value. it may be riskier, but this can only...

If one project has a higher standard deviation than another,

it has fewer possible outcomes.

it always has a greater risk.

it always has a higher expected value.

it may be riskier, but this can only be determined by the coefficient of variation.