Explain relative dispersion in the distribution of salaries

Reference no: EM13116487

A study of business faculty at state supported institutions in Ohio revealed that the arithmetic mean salary for nine months is $52,000 and a standard deviation of $3,000. The study also showed that the faculty had been employed an average (arithmetic mean) of 15 years with a standard deviation of 4 years. How does the relative dispersion in the distribution of salaries compare with that of the lengths of service?

Reference no: EM13116487

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