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Leland-Morgan Consulting Is Considering a Project and Its Analysts Have  OUTCOMEPROBABILITY OF OUTCOMEASSUMPTIONS \text { OUTCOME\quad PROBABILITY OF OUTCOMEASSUMPTIONS }

Question 85

Multiple Choice

Leland-Morgan Consulting is considering a project and its analysts have projected the following outcomes and their probabilities.
 OUTCOMEPROBABILITY OF OUTCOMEASSUMPTIONS \text { OUTCOME\quad PROBABILITY OF OUTCOMEASSUMPTIONS }
$6,00025% pessimistic $8,00040% moderately successful $10,00035% optimistic \begin{array}{llc}\$ 6,000 &\quad\quad\quad\quad 25 \% & \text { pessimistic } \\\$ 8,000 &\quad\quad\quad\quad 40 \% & \text { moderately successful } \\\$ 10,000 &\quad\quad\quad\quad 35 \% & \text { optimistic }\end{array}
-What is the coefficient of variation of the outcomes?


A) 1.29
B) 0.19
C) 0.44
D) cannot be determined with the information given

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