Question: 5VON Help Mary Beth Clothes is considering opening an additional suburban outlet. An aftertax cash flow of $140 per day (expected value) is projected for

 5VON Help Mary Beth Clothes is considering opening an additional suburban

5VON Help Mary Beth Clothes is considering opening an additional suburban outlet. An aftertax cash flow of $140 per day (expected value) is projected for each of the two locations being evaluated. Site A Probability Cash Flows @.29 $80 0.20 140 0.30 150 0.30 170 Site B Probability Cash Flows 0.20 $40 8.10 78 0.20 140 0.40 190 8.10 210 Expected value $140 Expected value $140 a. Compute the coefficient of variation for each site. (Do not round Intermediate calculations. Round the final answers to 4 decimal places.) Coefficient of variation Site A Site B b. Which of these sites would you select based on the distribution of these cash flows? Site A Site B

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