# Coefficient of Variation

SALES ($000) Probabilities

240 0.15

280 0.2

320 0.3

360 0.2

400 0.15

A. Calculate the Expected Revenue

B. Calculate the Standard Deviation

C. Calculate the Coefficient of Variation

Draw a Bar graph for each situation.

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#### Solution Summary

The solution calculates the coefficient of variation, the standard deviation and the expected revenue. It also draws a bar graph for each situation.

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