Given population parameters for two populations, population 1 has a mean of 800 and a standard deviation equal to 40. Population 2 has a mean of 25,000 and a standard deviation equal to 4,000. Complete parts a and b below. a) Compute the coefficient of variation for each population. The coefficient of variation of population 1 is %. (Round to one decimal place as needed.) The coefficient of variation of population 2 is %. (Round to one decimal place as needed.) b) Which population has data values that are more variable relative to the size of their population mean? O A. Population 1 O B. Population 2 O C. Both populations are equally variable relative to their population means.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 14PPS
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Given population parameters for two populations, population 1 has a mean of 800 and a standard deviation equal to 40. Population 2 has a mean of 25,000 and a
standard deviation equal to 4,000. Complete parts a and b below.
a) Compute the coefficient of variation for each population.
The coefficient of variation of population 1 is %.
(Round to one decimal place as needed.)
The coefficient of variation of population 2 is %.
(Round to one decimal place as needed.)
b) Which population has data values that are more variable relative to the size of their population mean?
O A. Population 1
O B. Population 2
O C. Both populations are equally variable relative to their population means.
Transcribed Image Text:Given population parameters for two populations, population 1 has a mean of 800 and a standard deviation equal to 40. Population 2 has a mean of 25,000 and a standard deviation equal to 4,000. Complete parts a and b below. a) Compute the coefficient of variation for each population. The coefficient of variation of population 1 is %. (Round to one decimal place as needed.) The coefficient of variation of population 2 is %. (Round to one decimal place as needed.) b) Which population has data values that are more variable relative to the size of their population mean? O A. Population 1 O B. Population 2 O C. Both populations are equally variable relative to their population means.
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