if the mean= 76 , variance =110 then what is coefficient of variation ?
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Given :
Mean of a data is 76 and variance is 110
To Find :
Coefficient of variation
Solution :
•Variance = (standard deviation)²
SD² = 110
SD = 10.49
where SD is standard deviation
•Mean of data is average among the given data
•Variance measures the average that how each observation differ from each observation .
•coefficient of variation is the ratio of standard deviation to the mean .
•Coefficient of variation = SD/mean
Coefficient of variation = 10.49/76
Coefficient of variation = 0.1380
•Hence , Coefficient of variation is 0.1380
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