Question
Bill Broodiest, star quarterback for the Spring Bay Smashers, would like to invest a small portion of his earnings in stocks of one of three
Bill Broodiest, star quarterback for the Spring Bay Smashers, would like to invest a small portion of his earnings in stocks of one of three firms. His estimated dividends and the probabilities of their occurrence follow. Galaxy Communications Grasshopper Tractor Breathiest Electronics .1 $500 .2 $0 .1 $500 .3 800 .3 700 .2 700 .4 1,000 .3 800 .4 900 .2 1,200 .2 900 .2 1,100 .1 1,200 1.)Calculate the coefficient of variation for Galaxy Communications (round your answer to three decimal places). 2.)Calculate the coefficient of variation for Grasshopper Tractor (round your answer to three decimal places). 3.)Calculate the coefficient of variation for Breathiest Electronics(round your answer to three decimal places). 4.)Rank the three from the least risky to the most risky. A) Grasshopper, Breathiest, Galaxy B) Breathiest, Galaxy, Grasshopper C) Galaxy, Breathiest, Grasshopper D) There is not enough information to answer this.
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