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