Firm has evaluated a new project. To be comparable with alternative projects, a measure of the coefficient of variation needs to be computed. If its expected value is $500,000 and its standard deviation is $707.11, what is the coefficient of variation?

Question

Quizplus · Accepted Answer

The Answer of Firm has evaluated a new project. To be comparable with alternative projects, a measure of the coefficient of variation needs to be computed. If its expected value is $500,000 and its standard deviation is $707.11, what is the coefficient of variation?

Firm Has Evaluated a New Project