Question

Interpret the coefficient of variation according to the context, determining the most homogeneous set

Answer 1

2009 data set is most homogeneous

Explanation:

As per coefficient of variation, which is around 5% for the year 2009 and around 20% for the year 2010 we can state that the data set for the year 2009 is most homogeneous

Homogeneous means similar, it can be observed on the graph as well that the data for the year 2009 is less variant

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