Refer to the Following:
a Firm Is Considering Two Projects

question 13

Multiple Choice

Refer to the following:
A firm is considering two projects, A and B, with the following probability distributions for profit.
$$\begin{array} { c c c } \begin{array} { c } \text { Profit } \\\text { (\$1,000s) }\end{array} & \begin{array} { c } \text { Praject } A \\\text { Probability } ( \% ) \end{array} & \begin{array} { c } \text { Project B} \\\text { Prabability (\%) }\end{array} \\\hline \$ 20 & 10 & 10 \\40 & 15 & 15 \\{ 5 0 } & 50 & { 2 5 } \\{ 8 0 } & 15 & 40 \\100 & 10 & 10\end{array}$$
-The coefficient of variation (to 2 decimal places) is

• A) higher for A.
• B) higher for B.
• C) equal for the two.
• D) unable to be used for this choice.
• E) both c and d

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Definitions:

Global Leadership

The ability to influence and guide individuals, teams, or organizations across cultural and geographic boundaries, often involving diverse and complex global issues.

Customer-Facing

Pertains to activities, roles, or functions in a business that involve direct interaction with the customers.

Corporate Vision

Understanding the company’s overarching objectives and helping individuals stay focused on these objectives.

External Locus

An individual's belief that their success or failure is influenced by external factors or forces beyond their control.