question 3 ch 8

Coefficient of variation Metal Manufacturing has isolated four altematives for meeting its need for increased production capacity. The following table summarizes data gathered relative to each of these alternatives, a. Calculate the coefficient of variation for each alternative. b. If the firm wishes to minimize risk, which alternative do you recommend? Why? a. The cofficient of variation for alternative A is (Round to three decimal places.) con located on the top-right comer of the data table below i nts into a spreadsheet.)