Transoceanic Airlines is examining a resort motel chain to add to its operations. Before the acquisition, the normal expected outcomes for the firm were as follows:

	Outcomes ($ millions)		Probability
Recession	$20			0.10
Normal economy	80			0.30
Strong economy	90			0.60

After the acquisition, the expected outcomes for the firm would be:

	Outcomes ($ millions)		Probability
Recession	$13			0.10
Normal economy	80			0.30
Strong economy	105			0.60

After the acquisition these values are as follows:

Expected value	83.0	($ millions)
Standard deviation	35.5	($ millions)
Coefficient of variation	0.6

a. Compute the expected value, standard deviation, and coefficient of variation before the acquisition. (Enter the answers in millions. Round "Coefficient of variation" to 3 decimal places. Round "Expected value" and "Standard deviation" to 1 decimal place.)

Expected value	$ million
Standard deviation	$ million
Coefficient of variation