A plumbing supplier's mean monthly demand for vinyl washers is 24,212 with a standard deviation of 6,053. The mean monthly demand for steam boilers is 6.8 with a standard deviation of 1.7. Compare the dispersion of these distributions. Which demand pattern has more relative variation?© BrainMass Inc. brainmass.com June 3, 2020, 11:50 pm ad1c9bdddf
Calculate the coefficient of variation for both the distributions to compare:
Coefficient of variation ...
The demand patterns for vinyl washers in relative variations are determined.