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The Data In The Excel Spreadsheet Linked Below Gives The Average Monthly Price Of Gold (In Dollars Per Ounce) For

30/03/2020 Client: kimy Deadline: 24 Hours

7.


The data in the Excel spreadsheet linked below gives the average monthly price of gold (in dollars per ounce) for the years 1980 to1983.




Which of the following statistics measures gold price variation in the same units as gold price itself (i.e., dollars per ounce)?




The standard deviation.


The variance.


The coefficient of variation.


None of the above.








Price of Gold (in $ per ounce)




Month


1980


1981


1982


1983


Jan


675.30


557.38


384.38


481.29


Feb


665.32


499.76


374.13


491.96


Mar


553.58


498.76


330.04


419.70


Apr


517.41


495.80


350.34


432.93


May


513.82


479.69


333.82


438.08 

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