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%
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%.
You might also like to view...
An employee in an organization has a greater chance of getting a promotion if he takes up additional responsibilities that are related to his current position in the organization. Employee promotions in this organization are based on ____________
Fill in the blank(s) with the appropriate word(s).
Which of the following is a requirement of the Sarbanes-Oxley Act of 2002?
A. Registration of all auditing firms with the Public Company Accounting Oversight Board. B. Annual inspection of all auditing firms registered with the Public Company Accounting Oversight Board. C. A monetary fee assessed on organizations issuing securities. D. Overall assessment of the work of the SEC each year.