This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Project C has an expected value of 500 and a standard deviation of 50. Project D has an expected ... (Read 92 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
on: Jul 1, 2018
Project C has an expected value of 500 and a standard deviation of 50. Project D has an expected value of 300 and a standard deviation of 10. Comment on the desirability of these projects.
 
  What will be an ideal response?

Question 2

Outsourcing generally results from
 
  A) unpatriotic behavior.
  B) comparative advantage.
  C) tax evasion.
  D) rent seeking.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 1, 2018
Answer to Question 1

CVC = 50/500 = 0.10
CVD = 10/300 = 0.03
Project D has a lower coefficient of variation and thus is more desirable. Even though its expected value is lower, its lower standard deviation (and thus lower risk) makes up for this.

Answer to Question 2

B


folubunmi

  • Member
  • Posts: 524
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

bdobbins

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

The nurse is using Standard Precautions to draw blood. The nurse is using Standard Precautions to draw blood.
Part A - Calculating the expected number of each phenotype Part A - Calculating the expected number of each phenotype
a) Thumb pressure with radial deviation b) Alternating stroke using ulnar deviation a) Thumb pressure with radial deviation b) Alternating stroke using ulnar deviation
For centuries, widows in the Mediterranean countries, such as thise widow in Greece, were expected ... For centuries, widows in the Mediterranean countries, such as thise widow in Greece, were expected ...
How to manually find the mean, variance, and standard deviation for a set of numbers How to manually find the mean, variance, and standard deviation for a set of numbers
Project Management: Achieving Competitive Advantage Project Management: Achieving Competitive Advantage
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library