Explore BrainMass

Explore BrainMass

    Statistics demand patterns for vinyl washers: relative variation

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    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

    Solution Preview

    Calculate the coefficient of variation for both the distributions to compare:

    Coefficient of variation ...

    Solution Summary

    The demand patterns for vinyl washers in relative variations are determined.