SCENARIO 5-8 Two Different Designs on a New Line of Winter Jackets

question 61

Short Answer

SCENARIO 5-8
Two different designs on a new line of winter jackets for the coming winter are available for your manufacturing plants.Your profit (in thousands of dollars)will depend on the taste of the consumers when winter arrives.The probability of the three possible different tastes of the consumers and the corresponding profits are presented in the following table.

-Referring to Scenario 5-8,if you decide to choose Design A for half of the production lines and Design B for the other half,what is the coefficient of variation of your investment?

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Definitions:

Increased B State

This term appears to be fabricated or too specific without a widely recognized definition in scientific literature, so I'll say NO.

Aversive A State

Likely refers to an aversive state, a condition or situation that an organism seeks to avoid due to it being unpleasant or painful.

Aversive B State

A theoretical state arising from a negative stimulus, driving an organism to action to avoid discomfort or unpleasant outcomes; not a widely used or recognized term in psychology, so context-specific definition might vary.

A State

A temporary condition or phase that an individual or system experiences, which can influence thoughts, feelings, and behaviors.