If a constant value 5 is added to each observation of a set, the variance of new set of
observations is
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If 5 is added to each value, then what is the coefficient of variation for the bew set of values? If 5 is added to each value, mean = 5+5=10
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The variance of a new set is the same as the variance of an old set
Step-by-step explanation:
They have given that the constant value 5 is added to each observation of a set.
The variance, var(X) of a random variable X has the following property
Var(X+C) = Var(X) → (1)
Where C is constant
In the given question, the constant C is 5
Therefore from the property (1)
The variance of a new set is the same as the variance of an old set
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