Place each number in its correct location on the numberline.
1 answer:
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Answer:
The correct option is A as Barnsboro Bank has more variation.
Step-by-step explanation:
From the data
- 1st sample has a mean of $315 and a standard deviation of $87.
- 2nd sample has a mean of $8350 and a standard deviation of $1800
Coefficient of Variation for 1st sample is given as
Coefficient of Variation of 1st sample
Coefficient of Variation of 2nd sample
So the coefficient of variation of 1st sample is 27.62 while the coefficient of 2nd sample is 21.56. Thus the 1st sample has more variation thus the second bank.