Each day a worker (M) produces 100 goods with a standard deviation of 5, while another worker (N) produces 200 goods with a standard deviation of 15. Which of the following statement is correct?

A) Worker M has lesser variability with coefficient of variance at 5% B) Worker M has higher variability with coefficient of variance at 7.5% C) Worker N has lesser variability with coefficient of variance at 5% D) Worker N has higher variability with coefficient of variance at 7%

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Correct Answer: Option A

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Each day a worker (M) produces 100 goods with a standard...

Each day a worker (M) produces 100 goods with a standard deviation of 5, while another worker (N) produces 200 goods with a standard deviation of 15. Which of the following statement is correct?

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