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

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

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

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

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