If Arithmetic Mean and coefficient of variation of x are 5 and 20 respectively. What is the variance
of (15-2x)?
(a) 16
(b) 2
(c) 4
(d) 32
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Answer:
Its easy.
First find out the sd of X.
See,
Coefficient of variation = SD/Mean*100%
Assuming CoV is given in percentage,
=> SD = Mean*COV = 10*40% = 4
=> Var(X) = 16
Var(15–2X) = 4*Var(X) = 4*16 = 64
Note: If the CoV is not given in percentage please adjust accordingly
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