Answer:
[tex] \bar x = 40, s =10[/tex]
And from these values we can estimate the sample variance like this:
[tex] s^2 = 10^2 =100[/tex]
And we can also estimate the coeffcient of variation given by:
[tex] \hat{CV} =\frac{s}{\bar x}[/tex]
And replacing we got:
[tex] \hat{CV} = \frac{10}{40}= 0.25[/tex]
And this coefficient is useful in order to see the variability in terms of the mean for this case since is lower than 1 we can conclude that this variation around the mean is low.
Step-by-step explanation:
For this case we have the following info given:
[tex] \bar x = 40, s =10[/tex]
And from these values we can estimate the sample variance like this:
[tex] s^2 = 10^2 =100[/tex]
And we can also estimate the coeffcient of variation given by:
[tex] \hat{CV} =\frac{s}{\bar x}[/tex]
And replacing we got:
[tex] \hat{CV} = \frac{10}{40}= 0.25[/tex]
And this coefficient is useful in order to see the variability in terms of the mean for this case since is lower than 1 we can conclude that this variation around the mean is low.