16) 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 70 40 Normal response 90 30 Extremely effective 15...

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16) Shack Homebuilders Limited is evaluating a new promotional campaign that could increase home sales. Possible outcomes

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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		70	.40
Normal response		90	.30
Extremely effective		150	.30

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

Coefficient of variation

Posted Date: Jun 09, 2024 02:55 PM

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16) Shack Homebuilders Limited is evaluating a new promotional campaign that could increase home sales. Possible outcomes

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