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The spread in the annual prices of stocks selling for under $10 and the spread in prices of those selling for over $60 are to
The spread in the annual prices of stocks selling for under $10 and the spread in prices of those selling for over $60 are to be compared. The mean price of the stocks selling for under $10 is $5.25 and the standard deviation is $1.52. The mean price of those stocks selling for over $60 is $92.50 and the standard deviation is $5.28.
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b.Compute the coefficients of variation.(Round the final answers to 2 decimal places.)
Relative dispersion in stocks under $10%
Relative dispersion in stocks over$60%
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