Miscellaneous Exercise 8 (II) · Q50
Q.
The mean and standard deviations of two brands of watches are given below:
| Brand-I | Brand-II | |
|---|---|---|
| Mean | 36 months | 48 months |
| S.D. | 8 months | 10 months |
Calculate coefficient of variation of the two brands and interpret the results.
Maharashtra MsbshseTextbookSubjectiveImportance★★★★★
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Step 3: Since , Brand-I watches are relatively more variable (less consistent) in how long they run, while Brand-II is comparatively more consistent, even though Brand-II's raw S.D. (10 months) is numerically larger than Brand-I's (8 months) — …
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