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Question

If the mean of few observations is 40 and standard deviation is 8, then what is the coefficient of variation?

A
1%
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B
10%
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C
20%
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D
30%
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Solution

The correct option is C 20%
Coefficient of variation(CV) is the ratio of standard deviation(σ) to the mean(μ).

Given that, standard deviation(σ) =8 and
mean(μ) =40

CV=σμ×100

CV=840×100=20%

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