Suppose you are considering growing organic spinach and you are provided with the following information.

Variable	Outcome	Probability
Price ($)	1,000 or 400	0.3 or 0.7
Yield (Tons)	12 or 6	0.6 or 0.4
Cost ($)	3,000 or 6,000	0.5 or 0.5

There is roughly a 60% chance that net returns will be less than

A. -4,000

B. -2,000

C. 0

D. 2,000

E. None of the above

There is roughly a 20% chance that net returns will be greater than

A. -2,000

B. 0

C. 1,000

D. 3,000

E. None of the above

What is the mean?

A. 1,068

B. 3,575

C. 12.7 million

D. 3.4

E. None of the above

What is the variance?

A. 1,068

B. 3,575

C. 12.7 million

D. 3.4

E. None of the above

What is the standard deviation?

A. 1,068

B. 3,575

C. 12.7 million

D. 3.4

E. None of the above

What is the coefficient of variation?

A. 1,068

B. 3,575

C. 12.7 million

D. 3.4

E. None of the above