Question: Al Bundy is evaluating a new advertising program that could increase shoe sales. Possible outcomes and probabilities of the outcomes are shown next. Compute the

Al Bundy is evaluating a new advertising program that could increase shoe sales. Possible outcomes and probabilities of the outcomes are shown next. Compute the coefficient ofvariation.

Possible Outcomes Ineffective campaign Normal response Extremely effective. Additional Sales in Units 40 60 140 Probabilities 20 .50 -30

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