1. Assume that you are risk adverse and have the following three choices. Which project would you select? Compute the coefficient of variation for each choice. 2. Pabst Dental Supplies is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities of occurrence are given. a. What is the expected value of unit sales for the new product? b. What is the standard deviation of unit sales? 3. Northern Wind Power, a new age energy company, is considering the introduction of a product intended to use wind as an energy-producing device. The possible levels of unit sales and the probabilities of occurrence are given. a. What is the expected value of unit sales for the new product? b. What is the standard deviation of unit sales? 4. Monarch King Size Beds Ltd, is evaluating a new promotional campaign that could increase sales. Possible outcomes and probabilities of the outcomes are shown helow. Compute the coefficient of variation 5. Sam Sung is evaluating a new advertising program that could increase electronic sales. Possible outcomes and probabilities of the outcomes are shown below. Compute the coefficient of variation