TABLE 3-2 The Data Below Represent the Amount of Grams of Carbohydrates

question 26

Short Answer

TABLE 3-2
The data below represent the amount of grams of carbohydrates in a serving of breakfast cereal in a sample of 11 different servings.
11 15 23 29 19 22 21 20 15 25 17
-Referring to Table 3-2, the coefficient of variation of the carbohydrate amounts is ________ percent.

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Definitions:

Labor

Human effort, both physical and mental, used in the production of goods and services.

Production Possibilities

The various combinations of goods and services that can be produced from a fixed set of resources.

Circular-Flow Diagram

An economic model depicting how money, goods, and services move through an economy between households and firms.

Economy

An organized system of production, distribution, and consumption of goods and services within a specific geographical area, involving various agents and market forces.