General Meter is considering two mergers. The first is with Firm A. in its own volate industry. the auto speedometer industry, while the second is a merger with Firm B in an industry that moves in the opposite direction (and will tend to level out performance due to negative correlation). General Meter Merger/Firm possible earnings in Mil. $45. 50 and 55. probability. 20. .20 and .60.

General Meters Merger with Firm B. possible earning in Mil. $45, 50 and 55. Probability is .15. .30. and. 55 a. compute the means. standard deviation, and coefficient of variations for both investments.