Question 17

Shack Homebuilders Limited is evaluating a new promotional campaign that could increase home sales. Possible outcomes and probabilities of the outcomes are shown next. Additional Possible Outcomes Sales in Units Probabilities Theffective campaign 0.40 Normal response Extremely effective 130 0.30 SO 70 0.30 Compute the coefficient of variation. (Do not round intermediate calculations. Round your answer to 3 decimal places.) Coefficient of variation