Listed below are amounts (in millions of dollars) collected from parking meters by a security service company and other companies during similar time periods. Do the limited data listed here show evidence of stealing by the security service company's employees?
Security Service Company:Security Service Company: |
1.31.3 |
1.81.8 |
1.51.5 |
1.41.4 |
1.51.5 |
1.41.4 |
1.71.7 |
1.61.6 |
1.31.3 |
1.61.6 |
|
---|---|---|---|---|---|---|---|---|---|---|---|
Other Companies:Other Companies: |
1.61.6 |
1.91.9 |
1.71.7 |
1.71.7 |
1.81.8 |
1.81.8 |
1.61.6 |
1.51.5 |
1.71.7 |
1.61.6 |
Find the coefficient of variation for each of the two samples, then compare the variation.
1.The coefficient of variation for the amount collected by the security service company is
nothing%.
(Round to one decimal place as needed.)
2.The coefficient of variation for the amount collected by the other companies is
nothing%.
(Round to one decimal place as needed.)
Do the limited data listed here show evidence of stealing by the security service company's employees? Consider a difference of greater than 1% to be significant.
A.
No. There is a not significant difference in the variation.No. There is a not significant difference in the variation.
B.
Yes. There is a significant difference in the variation.Yes. There is a significant difference in the variation.
C.
No. There is a significant difference in the variation.
D.
Yes. There is not a significant difference in the variation.
from above:
1) coefficient of variation for the amount collected by the security service company is =11.0 %
2)coefficient of variation for the amount collected by the other companies is =7.1 %
3) option B : Yes. There is a significant difference in the variation.
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