Roenfeld Corp believes the following probability distribution exists for its stock.What is the coefficient of variation on the company's stock? Do not round your intermediate calculations.
A) 0.6565
B) 0.6060
C) 0.5050
D) 0.4545
E) 0.4292

Question

Roenfeld Corp believes the following probability distribution exists for its stock.What is the coefficient of variation on the company's stock? Do not round your intermediate calculations.  ​
A) 0.6565 
B) 0.6060 
C) 0.5050 
D) 0.4545 
E) 0.4292

Quizplus · Accepted Answer

Coefficient of variation (CV) can be calculated by dividing the standard deviation of the distribution by the mean and multiplying by 100. 
CV = (3.5/6.93) * 100
CV = 0.5050
Therefore, the correct answer is C.

Roenfeld Corp Believes the Following Probability Distribution Exists for Its