Coefficient of variationMetal Manufacturing has isolated four alternatives for meeting its need for increased production capacity. The following table summarizes data gathered relative to each of these alternatives,

LOADING...

.

a.Calculate the coefficient of variation for each alternative.

b.If the firm wishes to minimize risk, which alternative do you recommend? Why?

Question content area bottom

Part 1

a.The coefficient of variation for alternative A is

enter your response here.

(Round to three decimal places.)