Question: Alternative 3 is incorrect! Need help with Alrenative 3 ONLY!!! Possible outcomes for three investment alternatives and their probabilities of occurrence are given next. Failure

Alternative 3 is incorrect! Need help with Alrenative 3 ONLY!!!

Possible outcomes for three investment alternatives and their probabilities of occurrence are given next. Failure Acceptable Successful Alternative 1 Outcomes Probability 50 0.40 BO @.20 135 0.40 Alternative 2 Outcomes Probability 70 0.28 130 0.40 265 0.4e Alternative 3 Outcomes Probability 85 0.40 325 0.40 410 8.20 Using the coefficient of variation, rank the three alternatives in terms of risk from lowest to highest. (Do not round Intermediate calculations. Round your answers to 3 decimal places.) Alternative 1 Alternative 2 Alternative 3 Coefficient of Variation Rank 0.426 Alternative 1 0.459 Alternative 2 0.753 (Alternative 3

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