Question: Sam Sung is evaluating a new advertising program that could increase electronic sales. Possible outcomes and probabilities of the outcomes are shown below. Compute the
Sam Sung is evaluating a new advertising program that could increase electronic sales. Possible outcomes and probabilities of the outcomes are shown below. Compute the coefficient of variation.
| Possible Outcomes | Additional Sales in Units | Probabilities |
| Ineffective campaign............................ | 80 | .30 |
| Normal response................................... | 124 | .50 |
| Extremely effective............................... | 340 | .20 |
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