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Name: 1. Suppose you have the following probability distribution. Calculate the mean, variance, standard deviation, and coefficient of variation. State of Nature Profit Level Probability
Name: 1. Suppose you have the following probability distribution. Calculate the mean, variance, standard deviation, and coefficient of variation. State of Nature Profit Level Probability of Occurrence 500 0.3 Optimistic Most Likely Pessimistic 100 0.6 -400 0.10
Name: 1. Suppose you have the following probability distribution. Calculate the mean, variance, standard deviation, and coefficient of variation. State of Nature Profit Level Probability of Occurrence Optimistic 500 0.3 Most Likely 100 0.6 Pessimistic -400 0.10
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