For the preceding problem, compare the coefficient of variation before and after the sales goal adjustment. Why
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For the preceding problem, compare the coefficient of variation before and after the sales goal adjustment. Why does it change (or not change) in this way?
Preceding problem
You are the sales manager for a regional division of a beverage company. The sales goals for your representatives have an average of $768,000 with a standard deviation of $240,000. You have been instructed to raise the sales goal of each representative by $85,000.
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