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Problem 13-6 Coefficient of variation [LO13-1] Possible outcomes for three investment alternatives and their probabilities of occurrence are given next. Alternative 1 Outcomes Probability Alternative
Problem 13-6 Coefficient of variation [LO13-1] Possible outcomes for three investment alternatives and their probabilities of occurrence are given next. Alternative 1 Outcomes Probability Alternative 2 Outcomes Probability Altemative 3 Outcomes Probability 110 350 400 Failure Acceptable Successful 30 70 105 30 .50 195 250 .50 40 40 .40 Using the coeficient of variation, rank the three altematives in terms of risk from lowest to highest. (Do not round intermediate calculations. Round your answers to 3 decimal places.) Coefficient of Variation Rank Alternative 1 Alternative 2 Alternative 3 Altemative 2 Altemative 1 Altemative 3
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