Use the following two probability distributions for sales of a firm to answer the following question: The coefficients of variation for Distributions 1 and 2 are,respectively,___________ and ___________,so Distribution ______ has MORE risk relative to its mean.
A)0.22; 0.25; 2
B)0.22; 0.25; 1
C)0.31; 0.44; 1
D)0.31; 0.44; 2

Question

Use the following two probability distributions for sales of a firm to answer the following question:  The coefficients of variation for Distributions 1 and 2 are,respectively,___________ and ___________,so Distribution ______ has MORE risk relative to its mean.
A)0.22; 0.25; 2 
B)0.22; 0.25; 1 
C)0.31; 0.44; 1 
D)0.31; 0.44; 2

Quizplus · Accepted Answer

The Answer of Use the following two probability distributions for sales of a firm to answer the following question:  The coefficients of variation for Distributions 1 and 2 are,respectively,___________ and ___________,so Distribution ______ has MORE risk relative to its mean.
A)0.22; 0.25; 2 
B)0.22; 0.25; 1 
C)0.31; 0.44; 1 
D)0.31; 0.44; 2

Use the Following Two Probability Distributions for Sales of a Firm