Author Question: Compute the coefficient of variation for the following sample data. 32, 41, 36, 24, 29, 30, 40, 22, ... (Read 37 times)

Chloeellawright · **on:** Jun 24, 2018

Compute the coefficient of variation for the following sample data. 32, 41, 36, 24, 29, 30, 40, 22, 25, 37
a. 18.64 b. 21.36
c. 20.28 d. 21.67

Question 2

Use technology to compute the standard deviation for the following sample data. 32, 41, 36, 24, 29, 30, 40, 22, 25, 37
a. 5.96 b. 6.41
c. 5.42 d. 6.75

cclemon1 · **Reply #1 on:** Jun 24, 2018

Answer to Question 1

b
RATIONALE: The coefficient of variation indicates how large the standard deviation is relative to the mean. The coefficient of variation is (6.75/31.6 100) = 21.36.

Answer to Question 2

d
RATIONALE: The standard deviation is defined to be the positive square root of the variance and can be calculated using the Excel function = STDEV.S( ).