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The mean of a distribution is 15 and the...

The mean of a distribution is 15 and the standard deviation is 5 . What is the value of coefficient variation ?

A

0.1666

B

0.6666

C

0.3333

D

1

Text Solution

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The correct Answer is:
To find the coefficient of variation (CV) given the mean and standard deviation, we can follow these steps: ### Step-by-step Solution: 1. **Identify the Given Values**: - Mean (μ) = 15 - Standard Deviation (σ) = 5 2. **Formula for Coefficient of Variation**: The formula for the coefficient of variation (CV) is: \[ CV = \left( \frac{\sigma}{\mu} \right) \times 100 \] where: - \( \sigma \) is the standard deviation - \( \mu \) is the mean 3. **Substitute the Values into the Formula**: Substitute the values of standard deviation and mean into the formula: \[ CV = \left( \frac{5}{15} \right) \times 100 \] 4. **Simplify the Fraction**: Simplify \( \frac{5}{15} \): \[ \frac{5}{15} = \frac{1}{3} \] 5. **Calculate the Coefficient of Variation**: Now, substitute back into the equation: \[ CV = \left( \frac{1}{3} \right) \times 100 \] 6. **Final Calculation**: \[ CV = \frac{100}{3} \approx 33.33 \] 7. **Express in Percentage**: The coefficient of variation is approximately 33.33%. ### Final Answer: The coefficient of variation is **33.33%**. ---
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