If arithmetic mean= Rs.75 standara
deviation = Rs.15 then coefficient of
variation is
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Step-by-step explanation:
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Answer:
The Coefficient of Variation is 0.2
Step-by-step explanation:
- Coefficient Of Variation: It is a statistical measure of the relative dispersion of data in a data series around the mean.
- It is the ratio of the standard deviation and the mean
- It is given by
where is the standard deviation
Step 1 of 1:
- Given mean = 75
- Standard deviation=15
- Coefficient of Variation given by
COV=0.2
Conclusion:
The Coefficient of Variation is 0.2
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