An analyst gathered the following information about the net profit margins of companies in two industries: Net Profit Margin
Industry A
Industry B
Mean
15.0%
5.0%
Standard deviation
2.0%
0.8%
Range
10.0%
15%
Compared with the other industry, the relative dispersion of net profit margins is smaller for Industry
Select one:
O a. B, because it has a smaller range of variation
b. B, because it has a smaller mean deviation
c. A, because it has a smaller standard deviation
d. A, because it has a smaller coefficient of variation
9:41 PM
11/17/2020