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The standard deviation of samples from supplier A is 0.4582, while the standard deviation of samples from supplier B is 0.3358. Which supplier would you be likely to choose based on these data and why

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Complete Question

The standard deviation of samples from supplier A is 0.4582, while the standard deviation of samples from supplier B is 0.3358. Which supplier would you be likely to choose based on these data and why?

1 Supplier A, as their standard deviation is higher and, thus easier to fit into our production line

2 Supplier B, as their standard deviation is higher and, thus, easier to fit into our production line

3 supplier B, as their standard deviation is lower and, thus, easier to fit into our production line

4 Supplier A, as their standard deviation is lower and, thus, easier to fit into our production line

Answer:

Option 3 is correct

Explanation:

From the question we are told that

The standard deviation of A is
\sigma_a = 0.4582

The standard deviation of B is
\sigma _b = 0.3358

Generally standard deviation defines the deviation element of a data set with respect to the mean of the set

So sample it mean that samples from A deviates more from it mean(the standard value) than the samples from B so the best supplier to chose is B

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