Q236
Each day a worker (M) produces 100 goods with a standard deviation of 5, while another worker (N) produces 200 goods with a standard deviation of 15. Which of the following statement is correct?
A.
Worker M has lesser variability with coefficient of variance at 5%
AnswerB.
Worker M has higher variability with coefficient of variance at 7.5%
C.
Worker N has lesser variability with coefficient of variance at 5%
D.
Worker N has higher variability with coefficient of variance at 7%
Answer: Option A
Solution
Answer: Option A
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