Question: Mary Beth Clothes is considering opening an additional suburban outlet. An aftertax cash flow of $130 per day (expected value) is projected for each of

 Mary Beth Clothes is considering opening an additional suburban outlet. An

Mary Beth Clothes is considering opening an additional suburban outlet. An aftertax cash flow of $130 per day (expected value) is projected for each of the two locations being evaluated. Site A Probability Cash Flows 0.20 $80 0.30 130 0.40 140 0.10 190 Site B Probability Cash Flows 0.10 $50 0.20 80 0.30 130 0.20 160 0.20 190 Expected value $130 Expected value $130 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

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