# The following payoff matrix is given in dollars

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The following payoff matrix is given in dollars:

EVENT PROBABILITY ACTION A ACTION B

1 0.5 400 700

2 0.5 200 500

The coefficient of variation for Action A is:

12.8%

33.3%

133.33%

333.33%

https://brainmass.com/statistics/probability/following-payoff-matrix-given-dollars-156592

#### Solution Summary

The expert examines a payoff matrix for given dollars.

$2.49