Data A has a mean of 100 and standard deviation of 10. Data B has a mean of 1000 and standard deviation of 50. Which data shows more variability?
A
Data A shows more variability
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B
Data B shows more variability
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C
Both show equal variability
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D
Nothing can be concluded
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Solution
The correct option is A Data A shows more variability To compare dissimilar data, relative measures should be used. Here, the coefficient of variation of set A and set B can be compared.