A study of business faculty in Ontario revealed that the arithmetic mean annual salary is $62,000
And a standard deviation of $3,000. The study also showed that the faculty had been employed an
Average (arithmetic mean) of 15 years with a standard deviation of 4 years. How does the relative
Dispersion in the distribution of salaries compare with that of the lengths of service?
A) Salaries about 100%, service about 50%
B) Salaries about 5%, service about 27%
C) Salaries about 42%, service about 81%
D) Salaries about 2%, service about 6%
Correct Answer:
Verified
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