The mean and standard deviation of a set of values are 5 and 2 respectively. If 5 is added to each value, then what is the coefficient of variation for the new set of values?
A
10
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B
20
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C
40
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D
70
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Solution
The correct option is C20
New mean =μ5+5=10 as 5 is added to all values and hence, mean also changes with the same amount.
New σ = Old σ=2 as 5 is added to all avlues and hence, σ does not change.