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Mary Beth Clothes is considering opening an additional suburban outlet. An aftertax cash flow of $130 per day (expected value) is projected for each of
Mary Beth Clothes is considering opening an additional suburban outlet. An aftertax cash flow of $130 per day (expected value) is projected for each of the two locations being evaluated. Site A Probability Cash Flows 0.20 $80 0.30 130 0.40 140 0.10 190 Site B Probability Cash Flows 0.10 $50 0.20 80 0.30 130 0.20 160 0.20 190 Expected value $130 Expected value $130 a. Compute the coefficient of variation for each site. (Do not round intermediate calculations. Round the final answers to 4 decimal places.) Coefficient of variation Site A Site B
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