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Monarch King Size Beds Ltd. is evaluating a new promotional campaign that could increase sales. Possible...

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Monarch King Size Beds Ltd. is evaluating a new promotionalcampaign that could increase sales. Possible outcomes andprobabilities of the outcomes are shown below. Possible OutcomesAdditional Sales in Units Probabilities Ineffective campaign 600.60 Normal response 100 0.20 Extremely effective 120 0.20 Computethe coefficient of variation. (Round the final answer to 2 decimalplaces.) Coefficient of variation

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Monarch King Size Beds Ltd. is evaluating a new promotionalcampaign that could increase sales. Possible outcomes andprobabilities of the outcomes are shown below. Possible OutcomesAdditional Sales in Units Probabilities Ineffective campaign 600.60 Normal response 100 0.20 Extremely effective 120 0.20 Computethe coefficient of variation. (Round the final answer to 2 decimalplaces.) Coefficient of variation

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