You are given the following parameters for two populations: Population 1Population 2 = 700. =

Question:

You are given the following parameters for two populations:
Population 1Population 2
μ = 700………………. σ = 50
μ = 29,000…………σ = 5,000
a. Compute the coefficient of variation for each population.
b. Based on the answers to part a, which population has data values that are more variable relative to the size of the population mean?