Mitchell Auto Parts, Inc. has estimated the probability distribution of its annual net cash flows as follows:

Question:

Mitchell Auto Parts, Inc. has estimated the probability of its annual net cash flows as follows:
Cash Flow
Probability (in Thousands of Dollars)
0.10 ...... $1,000
0.20 ...... 1,500
0.40 ...... 2,000
0.20 ...... 2,500
0.10 ...... 3,000
a. Compute the expected annual cash flow.
b. Compute the standard deviation of annual cash flows.
c. Compute the coefficient of variation of annual cash flows.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...