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Solved: Comparing Two Data Sets In Exercise, find the
Chapter 2, Problem 43E(choose chapter or problem)
Problem 43E
Comparing Two Data Sets In Exercise, find the coefficient of variation for each of the two data sets. Then compare the results.
Annual Salaries Sample annual salaries (in thousands of dollars) for entry level accountants in Dallas and New York City are listed.
Dallas |
41.6 |
50.0 |
49.5 |
38.7 |
39.9 |
45.8 |
44.7 |
47.8 |
40.5 |
44.3 |
|
New York City |
45.6 |
41.5 |
57.6 |
55.1 |
59.3 |
59.0 |
50.6 |
47.2 |
42.3 |
51.0 |
Questions & Answers
QUESTION:
Problem 43E
Comparing Two Data Sets In Exercise, find the coefficient of variation for each of the two data sets. Then compare the results.
Annual Salaries Sample annual salaries (in thousands of dollars) for entry level accountants in Dallas and New York City are listed.
Dallas |
41.6 |
50.0 |
49.5 |
38.7 |
39.9 |
45.8 |
44.7 |
47.8 |
40.5 |
44.3 |
|
New York City |
45.6 |
41.5 |
57.6 |
55.1 |
59.3 |
59.0 |
50.6 |
47.2 |
42.3 |
51.0 |
ANSWER:
Solution:
Step 1 of 3:
We have the data for entry level accountants annual salaries in Dallas and New York city.
Dallas |
41.6 |
50 |
49.5 |
38.7 |
39.9 |
45.8 |
44.7 |
47.8 |
40.5 |
44.3 |
|
New |
45.6 |
41.5 |
57.6 |
55.1 |
59.3 |
59 |
50.6 |
47.2 |
42.3 |
51 |
The claim is to find the coefficient of variance of the two data sets and we have to compare the results.