Question: Tiny Legend Learning Academy believes the probability distribution, shown below, holds true for its shares. What is the coefficient of variation on the corporation shares?

Tiny Legend Learning Academy believes the probability distribution, shown below, holds true for its shares.

What is the coefficient of variation on the corporation shares?

State of the economyProbability of state occurringShares’ expected return
Strong growth0,2520%
Moderate growth0,5012%
Low growth0,258%

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