Shack Homebuilders Limited is evaluating a new promotional campaign that could increase home sales Possible outcomes and probabilities of the outcomes are shown next Possible Outcomes Additional Sales in Units Probabilities Ineffective campaign 20 0 40 Normal response 60 0 30 Extremely effective 80...

Shack Homebuilders Limited is evaluating a new promotional campaign that could increase home sales. Possible outcomes and

Shack Homebuilders Limited is evaluating a new promotional campaign that could increase home sales. Possible outcomes and

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Shack Homebuilders Limited is evaluating a new promotional campaign that could increase home sales. Possible outcomes and probabilities of the outcomes are shown next.

Compute the coefficient of variation. (Do not round intermediate calculations. Round your answer to 3 decimal places.)

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What do you think?

Possible Outcomes

Additional Sales in Units

Probabilities

Ineffective campaign

Normal response

Extremely effective