The asset turnover ratio (ATR) is the ratio of a company's revenues to the value of its assets (indicating its efficiency in deploying its assets). We should not use the standard deviation to compare ATR variation among industrial sectors because firms with large asset bases (e.g., utilities, financial) typically have lower mean ATR than, say, retail firms. Mean St Dev Retail 2.8580 0.5200 Retail Utilities Financial Click here for the Excel Data File (a) Use the sample data to calculate the coefficient of variation for each sector. (Round your answers to 2 decimal places.) Coefficient of variation Utilities 0.0416 0.0091 % % % Financial 0.0723 0.0383
The asset turnover ratio (ATR) is the ratio of a company's revenues to the value of its assets (indicating its efficiency in deploying its assets). We should not use the standard deviation to compare ATR variation among industrial sectors because firms with large asset bases (e.g., utilities, financial) typically have lower mean ATR than, say, retail firms. Mean St Dev Retail 2.8580 0.5200 Retail Utilities Financial Click here for the Excel Data File (a) Use the sample data to calculate the coefficient of variation for each sector. (Round your answers to 2 decimal places.) Coefficient of variation Utilities 0.0416 0.0091 % % % Financial 0.0723 0.0383
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 2AGP
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