(Solution) - Two different varieties of potatoes both have the same mean -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

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Two different varieties of potatoes both have the same mean weight of 1.5 pounds. One group has a very low variance, and the other has a much higher variance.
A. Discuss the possible reasons for the differences in variance.
B. If you were a potato farmer, would you rather raise a variety with a low or high variance? Explain your answer from a practical point of view.
C. If you were a potato breeder and you wanted to develop potatoes with a heavier weight, would you choose the variety with a low or high variance? Explain your answer.