Question

The mean and standard deviation of a particular distribution are 60 and 5 respectively. Find the coefficient of variation.

Answer 1

➡️Solution:

Given Mean = 60

Standard Deviation = 5

To find Coefficient of variation ?

We know that Coefficient of variation also written as CV is calculated by

$CV = \frac{Standard \: deviation}{Mean} \times 100 \\ \\ CV = \frac{5}{60} \times 100 \\ \\ = \frac{50}{6} \\ \\CV = 8.33$

So, Coefficient of Variation for the following distribution is 8.33.

Hope it helps you.