Which has larger variance , the prices of items in a grocery or the prices of ca
ID: 3049402 • Letter: W
Question
Which has larger variance, the prices of items in a grocery or the prices of cars at a new car dealer? Which has the larger coefficient of variation?
Choose the correct answer below.
A.
The prices of items at a grocery will have both the larger variance and the larger coefficient of variation.
B.
The prices of cars will have a larger variance, but the prices of items at a grocery will have a larger coefficient of variation.
C.
The prices of cars will have both the larger variance and the larger coefficient of variation.
D.
The prices of items at a grocery will have a larger variance, but the prices of cars will have a larger coefficient of variation.
Explanation / Answer
C.
The prices of cars will have both the larger variance and the larger coefficient of variation.
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.