Kuya conducted a study to compare variances between the weight of 18-wheeler trucks and their mi/gallon statistics. Which variable is less consistent and which is more consistent?
Weight at sd = 1.89 |
Mi/gal at sd = 2.44 |
Weight at cvar = 7.59% |
Mi/gal at cvar = 15.76%
|
Coefficient of variation for Weight < Coefficient of variation for Mi/gal
Therefore, variable Weight is more consistent.
and variable Mi/gal is less consistent.
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