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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

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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 of Occurrence 500 0.3 Optimistic Most Likely Pessimistic 100 0.6 -400 0.10 QUESTION 1 What is the mean? 68,100 O 1.5 0 261 O 170 None of the above QUESTION 2 What is the standard deviation? 68,100 1.5 261 170 None of the above QUESTION 3 What is the coefficient of variation? 68,100 0 1.5 261 0170 None of the above QUESTION 4 What is the variance? 68,100 1.5 261 170 Oro None of the above

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