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The average age of the accountants at a corp. is 26 years, with a standard deviation of 6 years; the average salary of the accountants is $31,000 with a standard deviation of $4000. Compare the variations of age and income

Sep 10th, 2015

Thank you for the opportunity to help you with your question!

Age:

CVar =s/X = (6/26)*100% =  23.1%


Salary:

CVar =s/X =(4000/31000)*100% =  12.9%


Hence the Age is more variable


Please let me know if you need any clarification. I'm always happy to answer your questions.
Sep 10th, 2015

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