TABLE 3-1
Health care issues are receiving much attention in both academic and political arenas. A sociologist recently conducted a survey of citizens over 60 years of age whose net worth is too high to qualify for Medicaid. The ages of 25 senior citizens were as follows: 
-Referring to Table 3-1, calculate the coefficient of variation of the ages of the senior citizens.
Definitions:
Strip Bond
A type of bond where both the principal and regular coupon payments have been separated and are sold individually.
Compounded Quarterly
A method where interest is calculated and added to the principal every three months.
Average Annual Rate
An average percentage that represents the compounded annual growth rate of an investment over a specified time frame.
Average Annual Rate
The mean percentage rate at which money grows annually over a specified period, considering compounding.
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