Mary Beth Clothes is considering opening an additional suburban outlet. An aftertax cash flow of $150 per day (expected value) is projected for each of the two locations being evaluated. Site A Probability Cash Flows 0.20 0.30 0.20 0.30 Expected value Site A Site B $50 150 160 210 Site A $150 Site B Site B 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 Probability 0.10 0.30 0.10 0.30 0.20 Expected value Cash Flows $40 70 150 200 250 $150 b. Which of these sites would you select based on the distribution of these cash flows?

Mary Beth Clothes is considering opening an additional suburban outlet. An aftertax cash flow of $150 per day (expected value) is projected for each of the two locations being evaluated. a. Compute the coefficient of variation for each site. (Do not round intermediate calculations. Round the final answers to 4 decimal places.) b. Which of these sites would you select based on the distribution of these cash flows? Site A Site B