Consider the following sets of sample data: A: 431, 447, 306, 413, 315, 432, 312, 387, 295, 327, 323, 296, 441, 312 B: $1.35, $1.82, $1.82, $2.72, $1.07, $1.86, $2.71, $2.61, $1.13, $1.20, $1.41 Step 1 of 2 : For each of the above sets of sample data, calculate the coefficient of variation, CV. Round to one decimal place.

Dataset A

We have the following results:

Dataset B

We have the following results:

Step-by-step explanation:

For this case we have the following info given:

A: 431, 447, 306, 413, 315, 432, 312, 387, 295, 327, 323, 296, 441, 312

B: $1.35, $1.82, $1.82, $2.72, $1.07, $1.86, $2.71, $2.61, $1.13, $1.20, $1.41

We need to remember that the coeffcient of variation is given by this formula:

Where the sample mean is given by:

And the sample deviation given by:

Dataset A

We have the following results:

Dataset B

We have the following results:

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