which situation will give a coefficient of variation of 30% a. mean of 4 and standard deviation of 16 b. mean of 30 and standard deviation of 15 c. mean of 3 and standard deviation of 3 d.mean of 10 and standard deviation of 3
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Coefficient of variation (Cv) is defined as Standard deviation / Absolute value of mean.
When coefficient of variation is higher then it mainly have greater level of dispersion around the mean.
This would mainly give the superior aspects for expressed as a percentage.
With lower value of the coefficient in variation having the precise the estimate and mainly gives adequate facilities.
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which situation will give a coefficient of variation of 30% a. mean of 4 and standard deviation of 16 b. mean of 30 and standard deviation of 15 c. mean of 3 and standard deviation of 3 d.mean of 10 and standard deviation of 3
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