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Compute the coefficient of variation for each population

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Reference no: EM131646193

Question: You are given the following parameters for two populations:

Population A             Population B

μ = 700                    μ = 29,000

σ = 50                      σ = 5,000

a. Compute the coefficient of variation for each population.

b. Based on the answers to part a, which population has data values that are more variable relative to the size of the population mean?

Reference no: EM131646193

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