Following is the data regarding the prices (Rs) of onion in Bangalore and Chitradurga collected in 6 weeks on every Monday of marked day.
| Bangalore | 62 | 55 | 68 | 70 | 64 | 50 | | Chitradurga | 45 | 30 | 35 | 40 | 42 | 32 |
(i) which town shows more price on average.
(ii) which town shows more consistent and stable in price.
Let x and y be the prices in Banglore and chitradurga
(i) Here X̄ = 61.5 and Ȳ = 37.33
Bangalore process shows more process than average
(ii) C.V(X) = 11.4% ; C.V(Y) = 14.48%
Bangalore priles average more consistent and stable in price.
