city 3 months analyzed (25) average expenses (167) expense variance (25) The previous information corresponds to the
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Question:
city 3 |
months analyzed (25) |
average expenses (167) |
expense variance (25) |
The previous information corresponds to the general expenses in millions of dollars of a construction company. Due to new policies, the company plans to reduce these expenses as follows:
-reduce expenses by 35 million dollars
1. Calculate the mean, variance and partial coefficient of variation before the new policy.
2. calculate the average, variance and total coefficient of variation before the new policy.
3.calculate the average, variance and partial coefficient of variation after the new policy.
Related Book For
Introduction to Statistical Investigations
ISBN: 978-1118922002
1st edition
Authors: Beth L.Chance, George W.Cobb, Allan J.Rossman Nathan Tintle, Todd Swanson Soma Roy
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