Please do it step by step Monarch King Size Beds Ltd is evaluating a new promotional campaign that could increase sales Possible outcomes and probabilities of the outcomes are shown below Possible Outcomes Additional Sales in Units Probabilities Ineffective campaign 60 0 20 Normal response 80 0 40 Extremely effective 140 0 40 Compute the coefficient of variation (Round the final answer to 2 decimal places )

Question: Please do it step by step Monarch King Size Beds Ltd. is evaluating a new promotional campaign that could increase sales. Possible outcomes and probabilities

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Monarch King Size Beds Ltd. is evaluating a new promotional campaign that could increase sales. Possible outcomes and probabilities of the outcomes are shown below.

Compute the coefficient of variation. (Round the final answer to 2 decimal places.)

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Possible Outcomes

Additional Sales in Units

Probabilities

Ineffective campaign

Normal response

Extremely effective

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I just need answer to this 2 questions please help me out thanks Monarch King Size Beds Ltd. is evaluating a new promotional campaign that could increase sales. Possible outcomes and probabilities of...

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