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Refer to the Following Table Showing the Probability Distribution of Payoffs

Question 54

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Refer to the following table showing the probability distribution of payoffs from an activity to answer the question below:  Units  Payoff  Prabability 1$3010%24025%36030%45020%51015%\begin{array} { c c c } \text { Units } & \text { Payoff } & \text { Prabability } \\\hline 1 & \$ 30 & 10 \% \\\mathbf { 2 } & 40 & 25 \% \\3 & 60 & 30 \% \\4 & 50 & 20 \% \\5 & 10 & 15 \% \\\hline\end{array} What is the coefficient of variation for this distribution?


A) 0.39
B) 2.34
C) 0.86
D) 1.02
E) 0.10

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