Calculate coefficient of variation for newsstand and pilots

Assignment Help Operation Management

Reference no: EM131724928

The average number of newspapers for sale in an airport newsstand is 12, and the standard deviation is 4. The average age of pilots is 36 with a standard deviation of 6. Given these, calculate: a) Calculate the coefficient of variation for newsstand and for pilots. b) Compare the two coefficients that you calculated and indicate which one is more variable?

Reference no: EM131724928

Questions Cloud

Tax planning-safe harbour advice from the ato : As a taxpayer, you have the right to arrange your financial affairs to keep your tax to a minimum.

Governs regulatory compliance of the manufacturer : Which administrative agency governs regulatory compliance of the manufacturer?

General education courses-foundation courses-major courses : An online university has a stable student population of 20,000 over the years. General education courses, Foundation courses, Major courses.

Counterpart in commercial entrepreneurship : Which of the following statements does not describe difference between a social entrepreneurial opportunity and its counterpart in commercial entrepreneurship?

Calculate coefficient of variation for newsstand and pilots : Calculate the coefficient of variation for newsstand and for pilots.

What is your assessment of the forecasting methods used : Evaluate the quality of the forecasts using, Bias, MAD, MAPE. What is your assessment of the forecasting methods used?

Personality tests to make recruiting and promotion decisions : Do you think employers should use integrity and personality tests to make recruiting and promotion decisions? Why or why not?

What is the optimal order frequency : what is the optimal order frequency and order size from the combined orders?

The creation view of entrepreneurial opportunity : The “creation view” of entrepreneurial opportunity. Social entrepreneurship is a construct with three dimensions.

User Account

All Pages