Standard Deviation of a set of data is more than its mean. Find the percentage coefficient of variance.
A
more than 100
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B
less than 100
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C
equal to 100
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D
None of the above
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Solution
The correct option is A more than 100 Percentage CV =SDMean×100 Since, Standard Deviation of the set of data is more than its mean, percentage coefficient of variance will be more than 100%.