If n = 10, ¯¯¯¯¯X=12 and ∑2x=1530, then the coefficient of variation is
36%
41%
25%
none of these
Standard deviation is expressed in the following manner :
σ=√1n∑ix2i−(¯¯¯¯¯X)2=√155010−(12)2
= √9=3
CV =σ¯¯¯¯X×100
= 312×100=25%
Coefficient of variation can be defined as C.V = σx×100,¯x ≠ 0, σ = standard deviation and ¯x = mean