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a plumbing supplier's mean monthly demand for vinyl washers is 24212 with a standard deviation of 6053. The mean monthly demand for stem boilers is 6.8 with a standard deviation of 1.7. Comapre the dispersion of these distributions. Which demand pattern has more relative variation? Explain
17 years ago

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drwls
The one for which the ratio of standard deviation to mean is highest has the largest relative variation.

In this case, they are both the same.
(std. dev.)/mean = .250 for both
17 years ago

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