16.

Myers Business Systems is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities of their occurrence are given next:

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	Additional Sales in Units			Probabilities
Ineffective campaign		60			.40
Normal response		80			.30
Extremely effective		140			.30

Compute the coefficient of variation. (Do not round intermediate calculations. Round your answer to 3 decimal places.)

a. What is the expected value of unit sales for the new product? (Do not round intermediate calculations and round your answer to the nearest whole unit.)

s.)