The spread in the annual prices of stocks selling under $10 and the volume traded are to be compared
Question: The spread in the annual prices of stocks selling under $10 and the volume traded are to be compared. The mean price of the stocks selling under $10 is $5.25 and the standard deviation is $1.52. The mean volume traded is 125,000 and the standard deviation is 28,000. Why should the coefficient of variation be used to compare the variation between the two variables?
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See Solution: The solution consists of 1 page
Solution Format: Word Document
Solution Format: Word Document
