Examlex
Find the coefficient of variation for each of the two sets of data, then compare the variation. Round results to one
decimal place.
-Compare the variation in heights to the variation in weights of thirteen-year old girls. The heights (in inches) and weights (in pounds) of nine randomly selected thirteen-year old girls are listed below.
Goods and Services
The tangible and intangible items that satisfy human wants and needs, which are produced and consumed by individuals and businesses.
Consumption Expenditures
The total amount spent by households on goods and services for personal use.
Government Expenditures
The total amount spent by the government, including spending on goods, services, and public works, and transfer payments.
GDP Components
The parts that make up Gross Domestic Product, generally categorized as consumption, investment, government spending, and net exports.
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