The spread in the annual prices of stocks selling for under $10 and the spread in prices of those selling for over $60 are to be compared. The mean price of the stocks selling for under $10 is $7.67 and the standard deviation $1.48. The mean price of those stocks selling for over $60 is $95.22 and the standard deviation $6.52.

Compute the coefficients of variation.

1. Relative dispersion in stocks under $10

2. Relative dispersion in stocks under $60

Answer rating: 100% (QA)

Coefficient of Variation CV Standard deviationMean x 100 1 Relative dispersion in stocks ... View the full answer