CA Foundation P3 · Chapter 14 · Question 8 of 10
A distribution has mean 50 and standard deviation 8. The coefficient of variation is:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: D) 16%
Explanation
CV = (SD/Mean) x 100 = (8/50) x 100 = 16%. Inverting the ratio (50/8) gives 6.25, and treating the unscaled ratio 0.16 as a percentage gives 0.16%.
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