Measure of Relative Dispersion for the Two Brands

Back to Question Paper
<<

Bachelor of Commerce – B.Com Part 2 (Second Year) Solved Assignments for 2020 Annual Examinations

SOL Solved Assignment

Code : 52411202
Course Title : Business Mathematics and Statistics

52411202: Business Mathematics and Statistics Solved Assignment for 2020

Question 3. (a)The mean and standard deviations of two brands of light bulbs are given below:

Brand I Brand II
Mean 800 Hours 770 Hours
Standard Deviation 100 Hours 60 Hours

Calculate a measure of relative dispersion for the two brands and interpret the result.

ANSWER: CV of brand I = 12.5
CV of brand II = 7.79



Click Here to Buy