Question

Consider the following sets of sample data: A: 20,347, 20,327, 22,117, 21,762, 20,864, 20,102, 21,684, 20,063, 21,728, 21,580, 21,720, 20,920, 21,442, 20,766 B: 3.38, 4.64, 4.09, 3.93, 4.25, 4.63, 4.78, 4.25 Which of the above sets of sample data has the larger spread

Answer 1

Answer:

Data B

Step-by-step explanation:

Given the data :

A: 20347, 20327, 22117, 21762, 20864, 20102, 21684, 20063, 21728, 21580, 21720, 20920, 21442, 20766

B: 3.38, 4.64, 4.09, 3.93, 4.25, 4.63, 4.78, 4.25

The spread of a data gives the variation in the data values of a given sample.

To obtain which data has the larger spread, we obtain the coefficient of variation. Which is the ratio of the standard deviation and the mean of the dataset.

(Standard deviation / mean) * 100%

Using calculator :

Data A :

Mean, x = 21101.5714

Standard deviation, s = 700.28925

Coefficient of Variation :

(700.28925 / 21101.5714) * 100% = 3.32%

Data B :

Mean, x = 4.24375

Standard deviation, s = 0.457006955

Coefficient of Variation :

(0.457006955 / 4.24375) * 100% = 10.77%

10.77% > 3.32%

Hence. Data B has a larger spread