For a given distribution with mean ¯x and S.D. σ, the coefficient of variance is
A
¯xσ
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B
σ¯x
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C
¯xσ×100
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D
σ¯x×100
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Solution
The correct option is Bσ¯x×100 ⇒ The coefficient of variation (CV) is a measure of relative variability. It is the ratio of the standard deviation to the mean (average).