The sum of squares of deviations for 10 observations taken from mean 50 is 250. The coefficient of variation is
State with reason whether the following statements are True or False:
(i) Sum of square of the deviations of items from their arithmetic mean is the maximum.
(ii) Standard Deviation is based on all values.
(iii) For a given set of observations, standard deviation is always more than mean deviation from mean.