Which of the following statements is true in the context of risk aversion?
A)Women are more risk averse than men.
B)Younger managers are more risk averse than more experienced managers.
C)Successful managers are more risk averse than unsuccessful managers.
D)Men are more risk averse than women.

Question

Which of the following statements is true in the context of risk aversion?​
A)​Women are more risk averse than men.
B)Younger managers are more risk averse than more experienced managers.​
C)Successful managers are more risk averse than unsuccessful managers.​
D)Men are more risk averse than women.​

Quizplus · Accepted Answer

Studies have shown that on average, women tend to be more risk averse than men. However, it is important to note that individual differences can exist and not all women or men will have the same level of risk aversion. Option B, C and D are not necessarily true and can vary based on individual differences and context.

Which of the Following Statements Is True in the Context