Digital Technology wishes to determine its coefficient of variation as a company over time. The firm projects the following data (in millions of dollars): Year Profits: Expected Value Standard Deviation 1 $ 99 $ 37 3 125 52 6 181 100 9 249 150 Compute the coefficient of variation (V) for each time period
Digital Technology wishes to determine its coefficient of variation as a company over time. The firm projects the following data (in millions of dollars): Year Profits: Expected Value Standard Deviation 1 $ 99 $ 37 3 125 52 6 181 100 9 249 150 Compute the coefficient of variation (V) for each time period
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Digital Technology wishes to determine its coefficient of variation as a company over time. The firm projects the following data (in millions of dollars):
Year | Profits: Expected Value | Standard Deviation |
---|---|---|
1 | $ 99 | $ 37 |
3 | 125 | 52 |
6 | 181 | 100 |
9 | 249 | 150 |
- Compute the coefficient of variation (V) for each time period.
Note: Round your answers to 3 decimal places.
year cofficient of variation 1 3 6 9
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