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Coefficient of Variation

The Coefficie...

Question

The Coefficient of Variation is given by:

\frac{M e a n}{S t a n d a r d d e v i a t i o n} \times 100

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\frac{S t a n d a r d d e v i a t i o n}{M e a n}

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\frac{S t a n d a r d d e v i a t i o n}{M e a n} \times 100

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\frac{M e a n}{S t a n d a r d D e v i a t i o n}

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Solution

The correct option is B $\frac{S t a n d a r d d e v i a t i o n}{M e a n} \times 100$
The coefficient of variation (CV) is a standardized measure of dispersion
. It is defined as the ratio of the standard deviation to the mean.
$C V = \frac{σ}{M e a n} \times 100$

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Coefficient of variation can be defined as C.V = $\frac{σ}{x} \times 100$ , $¯ x$ $\neq$ 0, $σ$ = standard deviation and $¯ x$ = mean

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