Sensor Technology wishes to determine its coefficient of variation as a company

Question

Sensor 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 $93 $46

3 $140 $60

6 $224 $86

9 $264 $96

Compute the coefficient of variation (V) for each time period. (Round your answers to 2 decimal places.)

Year Coefficient of variation

1 ?

3 ?

6 ?

9 ?

b. Does the risk appear to be increasing over a period of time?

Sensor 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 $93 $46

3 $140 $60

6 $224 $86

9 $264 $96

Explanation / Answer

3 $140 $60

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