Match items of List - I with that of List - II and select the correct option using the codes given below : Codes :List – I List – II (a) Coefficient of variation (i) Square root of the average of the squared deviation measured from mean. (b) Standard deviation (ii) Absolute measure of dispersion around median. (c) Mean deviation (iii) Variation of the distribution adjusted with mean in percentage. (d) Quartile deviation (iv) Average of the absolute deviation of scores from a measure of central tendency. (v) Under root of the squared value of maximum variance from mean.
a-(iii), b-(i), c-(iv), d-(ii)
The question requires matching statistical measures of dispersion from List I with their correct definitions from List II.
Coefficient of Variation measures the relative variability by expressing the standard deviation as a percentage of the mean. The definition matching this concept is (iii) Variation of the distribution adjusted with mean in percentage. Mathematically, $CV = \frac{\sigma}{\mu} \times 100$.
Standard deviation ($\sigma$) is a fundamental measure of dispersion, calculated as the square root of the variance. The definition matching this is (i) Square root of the average of the squared deviation measured from mean. Mathematically, $\sigma = \sqrt{\frac{\sum(x_i - \mu)^2}{N}}$.
Mean Deviation is the average of the absolute differences between each data point and a measure of central tendency (mean or median). Definition (iv) Average of the absolute deviation of scores from a measure of central tendency correctly describes this measure.
Quartile Deviation ($QD$), also known as semi-interquartile range, measures dispersion around the median. It is half the difference between the first ($Q_1$) and third ($Q_3$) quartiles ($QD = \frac{Q_3 - Q_1}{2}$). Definition (ii) Absolute measure of dispersion around median fits this concept.
Based on the analysis, the correct matching is:
| List I Item | List II Match |
| (a) Coefficient of variation | (iii) Variation of the distribution adjusted with mean in percentage. |
| (b) Standard deviation | (i) Square root of the average of the squared deviation measured from mean. |
| (c) Mean deviation | (iv) Average of the absolute deviation of scores from a measure of central tendency. |
| (d) Quartile deviation | (ii) Absolute measure of dispersion around median. |
This corresponds to the option a-(iii), b-(i), c-(iv), d-(ii).
If the probability of winning a match is 0.7, then what is the value of variance ?