Compute the coefficient of variation

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Reference no: EM131984305

Shack Homebuilders Limited is evaluating a new promotional campaign that could increase home sales. Possible outcomes and probabilities of the outcomes are shown next.

Possible Outcomes	Additional Sales in Units		Probabilities
Ineffective campaign		60		.60
Normal response		100		.20
Extremely effective		120		.20

Compute the coefficient of variation. (Do not round intermediate calculations. Round your answer to 3 decimal places.)

Reference no: EM131984305

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