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Bill Broodiest, star quarterback for the Spring Bay Smashers, would like to invest a small portion of his earnings in stocks of one of three firms. His estimated dividends and the probabilities of their occurrence follow
Galaxy Communications | Grasshopper Tractor | Breathiest Electronics | |||
.1 | $500 | .2 | $0 | .1 | $500 |
.3 | 800 | .3 | 700 | .2 | 700 |
.4 | 1,000 | .3 | 800 | .4 | 900 |
.2 | 1,200 | .2 | 900 | .2 | 1,100 |
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|
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| .1 | 1,200 |
Calculate the coefficient of variation for Galaxy Communications
Calculate the coefficient of variation for Grasshopper Tractor
Calculate the coefficient of variation for Breathiest Electronics
Rank the three from the least risky to the most risky.

