Which has larger variance, the prices of items in a grocery or the prices of cars at

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Which has larger variance, the prices of items in a grocery or the prices of cars at a new car dealer? Which has the larger coefficient of variation?

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Statistics For Business Decision Making And Analysis

ISBN: 9780321890269

2nd Edition

Authors: Robert Stine, Dean Foster

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Question Posted: Jul 14, 2015 08:00 AM

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Which has larger variance, the prices of items in a grocery or the prices of cars at

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The prices of used cars are going to be much more variable so s2 is larger for these ...View the full answer

Statistics For Business Decision Making And Analysis

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