Calculate the coefficient of variation and determine

Reference no: EM13563863

Given a one independent variable linear equation that states cost in $K , and given the following information, calculate the coefficient of variation and determine it's meaning. n=8 E(Y-Y^) =6874 Y=314.375 If we used this equation, we could typically expect to be off by +/- 29.31% If we used this equation we could tpically expect to be off by +/- 10.77 % If we used this equation we could typically expect to be off by +/- 33.85 % If we used this equation we could typically expect to be off by +/- 9.32 %

Reference no: EM13563863

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