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Coefficient of variation Metal 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, E a. Calculate the coefficient of variation for each alternative. b. If the firm wishes to minimize risk, which alternative do you recommend? Why? a. The coefficient of variation for alternative A is (Round to three decimal places.) - x Data table (Click on the icon here e in order to copy the contents of the data table below into a spreadsheet.) Alternative B D Expected return 19% 25% 16% 15% Standard deviation 7.7% 9.3% 6.8% 4.7% Print Done