The mean of 100 observations is 18.4 and sum of squares of deviations from mean is 1444, the Co-efficient of variation is _______.
Standard deviation is the square root of the arithmetic mean of the squares of the deviations measured from the arithmetic mean of the data.
Standard deviation = { (sum of the squares of the observations/ number of observations ) – (sum of observations/ number of observations ) } ½
= { (1444) –(18.4) } ½
= (1425.6) ½
= 37.75
Coefficient of variation is the coefficient of dispersion based on the standard deviation of the statistical series.
Coefficient of variation = ( standard deviation / mean )x 100
= ( 37.75/ 18.4)x100
= 20.51