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

question 30

Multiple Choice

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