In a series of observations, coefficient of variation is 16 and mean is 25, find the variance
A
4
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B
8
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C
12
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D
16
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Solution
The correct option is C16 The coefficient of variation (Cv) is defined as the ratio of the standard deviation σ to the mean μ Cv=σμ×100 16=σ25×100 σ=4 Variance = σ2=42=16