Two companies have the following sales results for a particular month. Company 1 Company 2 S 8000 S 7500 (average sales per worker) (standard deviation of sales) 500 300 4 What is the coefficient of variation of the sales for company 1? A) 2% B) 6.25% C) 4% D) 5.3%

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
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Two companies have the following sales results for a particular month.
Company 1
Company 2
S 8000
S 7500
(average sales per worker)
(standard deviation of sales)
500
300
4
What is the coefficient of variation of the sales for company 1?
A) 2%
B) 6.25%
C) 4%
D) 5.3%
Transcribed Image Text:Two companies have the following sales results for a particular month. Company 1 Company 2 S 8000 S 7500 (average sales per worker) (standard deviation of sales) 500 300 4 What is the coefficient of variation of the sales for company 1? A) 2% B) 6.25% C) 4% D) 5.3%
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