The Co-efficient of variation of ‘X' values is 15%. If all the ‘X' values are multiplied by ‘5' then Co-efficient of variation of new data is? Please tell I have an exam in an hour lmao
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Variance is the mean of the squares of the deviations from the mean. Variance is not affected by the addition, subtraction, multiplication and division of the given values. Therefore, if each value of the series is multiplied by 15, the coefficient of variation will be unaltered.
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