Question

If arithmetic mean is multiplied to coefficient of variation then resulting value is classified as

Answer 1

Step-by-step explanation:

Learn online relationship measures of deviation MCQ with multiple choice questions: if arithmetic mean is multiplied to coefficient of variation then resulting value is classified as, with choices coefficient of deviation, coefficient of mean, standard deviation, and variance for online business degree.

Answer 2

If the arithmetic mean is multiplied to the coefficient of variation then resulting value is classified as a Standard Deviation.

• Standard deviation is the measure of how much variation (such as the spread / dispersion) from mean exists.
• Standard deviation indicates the “typical” deviation from mean. It is  popular measure of the variation because it returns to original units of measure of data set.  
• Like the variance, if data points are close to mean, there is the small standard variation whereas data points are highly spread out from mean, then it has the high variance.
• Standard deviation measures extent to which values differ from average. The standard Deviation is most widely used measure of the dispersion as based on the all values.
• Therefore the change in even one value changes value of standard deviation. It is independent of the origin but it is not independent of the scale.
• It is the very useful in a certain advanced the statistical problems.

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