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Digital Technology wishes to determine its coefficient of variation as a company over time. The firm projects the following data (in millions of dollars): Year
Digital Technology wishes to determine its coefficient of variation as a company over time. The firm projects the following data (in millions of dollars):
Year | Profits: Expected Value | Standard Deviation |
---|---|---|
1 | $ 99 | $ 37 |
3 | 125 | 52 |
6 | 181 | 100 |
9 | 249 | 150 |
Compute the coefficient of variation (V) for each time period.
Note: Round your answers to 3 decimal places.
Year | Coefficient of Variation |
1 | |
3 | |
6 | |
9 |
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