In: Statistics and Probability
The income distribution in two cities is the following
City A |
City B |
||
10000 – 12000 |
10000 |
5000 – 7000 |
4000 |
12000 - 14000 |
5000 |
7000 – 9000 |
6000 |
14000 - 16000 |
20000 |
9000 – 11000 |
8000 |
16000 – 18000 |
50000 |
11000 – 13000 |
14000 |
18000 - 20000 |
40000 |
13000 – 15000 |
16000 |
20000- 22000 |
2000 |
15000 - 17000 |
2000 |
Find the standard deviation and the coefficient of Variation for each company and comment on the results.