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The Paper Cup Company has estimated the following revenue possibilities for the year. SalesProbability 1000.15 1500.20 2200.30 2900.20 3100.15 a.Find the expected revenue. b.Find the
The Paper Cup Company has estimated the following revenue possibilities for the year.
SalesProbability
1000.15
1500.20
2200.30
2900.20
3100.15
a.Find the expected revenue.
b.Find the standard deviation.
c.Find the coefficient of variation.
d.Which of the two measures above (a. or b.) is a better measure of risk when comparing projects with different NPV?
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