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Problem 1 3 - 4 ( Algo ) Coefficient of variation [ L 0 1 3 - 1 ] Shack Homebuilders Limited is evaluating a

Problem 13-4(Algo) Coefficient of variation [L013-1]
Shack Homebuilders Limited is evaluating a new promotional campaign that could increase home sales. Possible outcomes and probabilities of the outcomes are shown next.
\table[[,Additional Sales in,],[Possible Outcomes,Units,Probabilities],[Ineffective campaign,60,0.20],[Normal response,80,0.20],[Extremely effective,120,0.60]]
Compute the coefficient of variation.
Note: Do not round intermediate calculations. Round your answer to 3 decimal places.
Coefficient of variation
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