Compute the coefficient of variation

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Reference no: EM131912308

Shack Homebuilders Limited is evaluating a new promotional campaign that could increase home sales. Possible outcomes and probabilities of the outcomes are shown next.

POSSIBLE OUTCOMES ADDITONAL SALES IN UNITS PROBABILITIES

Ineffective campaign 30 .30

Normal response 110 .50

Extremely effective 130 .20

Compute the coefficient of variation.

Coefficient of variation= _____________________

Reference no: EM131912308

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