Short Answer
The spread in the annual prices of stocks selling under $10 and those selling over $60 are to be compared. The mean price of the stocks selling under $10 is $5.25 and the standard deviation is $1.52. The mean price of those stocks selling over $60 is $92.50 and the standard deviation is $5.28. Why should the coefficient of variation be used to compare the dispersion in the prices? _______
Correct Answer:
Verified
Correct Answer:
Verified
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