Question
Download Solution PDFThe mean of a distribution is 13 and the standard deviation is 7. What is the value of the coefficient of variation?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFValue of coefficient of variation = Standard deviation/Mean = 7/13 = 0.53846 ≈ 0.5385
∴ Size of coefficient of variation = Coefficient of variation × 100 = 53.85%Last updated on Jun 9, 2025
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