Compare the dispersion of distributions

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A plumbing supplier's mean monthly demand for vinyl washers is 21,000 with a standard deviation of 5,250. The mean monthly demand for steam boilers is 6.8 with a standard deviation of 1.7. Compare the dispersion of these distributions. Which demand pattern has more relative variation?

Multiple Choice (Choose the ONE correct answer)

____ The demand for steam boilers has more relative variation.

____ Both exhibit similar relative variation.

____ The demand for vinyl washers has more relative variation.

Reference no: EM132581601

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