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If the mean of few observation is 40 and...

If the mean of few observation is 40 and standard deviation is 8. then what is the coefficient of variation?

A

A) 0.01

B

B) 0.1

C

C) 0.2

D

D) 0.3

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The correct Answer is:
To find the coefficient of variation (CV), we will use the formula: \[ CV = \left( \frac{\text{Standard Deviation}}{\text{Mean}} \right) \times 100 \] ### Step-by-Step Solution: 1. **Identify the Mean and Standard Deviation**: - Mean (μ) = 40 - Standard Deviation (σ) = 8 2. **Substitute the Values into the Formula**: \[ CV = \left( \frac{8}{40} \right) \times 100 \] 3. **Calculate the Fraction**: \[ \frac{8}{40} = 0.2 \] 4. **Multiply by 100 to Get the Percentage**: \[ CV = 0.2 \times 100 = 20 \] 5. **Final Result**: The coefficient of variation is 20%.
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