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Question

Mean (M) and Standard Deviation (S) of different datasets are given in A-D below. Compute the coefficient of variation of each dataset and arrange in ascending order.
A. M = 60, S = 14
B. M = 70, S = 16
C. M = 80, S = 5
D. M = 90, S = 4
Choose the correct answer from the options given below:

The correct answer is
D, C, B, A

Calculating Coefficient of Variation for Datasets

This question requires us to calculate the Coefficient of Variation (CV) for four different datasets (A, B, C, and D) and then arrange them in ascending order based on their CV values. The Coefficient of Variation is a useful statistical measure that indicates the extent of variability in relation to the mean.

Understanding Coefficient of Variation (CV)

The Coefficient of Variation (CV) is defined as the ratio of the standard deviation (S) to the mean (M). It is often expressed as a percentage. The formula is:

$$ CV = \frac{S}{M} \times 100\% $$

A lower CV indicates less variability relative to the mean, while a higher CV indicates more variability.

Computing CV for Each Dataset

We will calculate the CV for each dataset using the provided Mean (M) and Standard Deviation (S).

Dataset Mean (M) Standard Deviation (S) Calculation ($ \frac{S}{M} \times 100\% $) Coefficient of Variation (CV)
A 60 14 $ \frac{14}{60} \times 100\% $ $ \approx 23.33\% $
B 70 16 $ \frac{16}{70} \times 100\% $ $ \approx 22.86\% $
C 80 5 $ \frac{5}{80} \times 100\% $ $ \approx 6.25\% $
D 90 4 $ \frac{4}{90} \times 100\% $ $ \approx 4.44\% $

Arranging Datasets in Ascending Order

Now, we arrange the datasets based on their calculated Coefficient of Variation values from smallest to largest:

  • Dataset D: $ \approx 4.44\% $
  • Dataset C: $ \approx 6.25\% $
  • Dataset B: $ \approx 22.86\% $
  • Dataset A: $ \approx 23.33\% $

Therefore, the datasets arranged in ascending order of their Coefficient of Variation are D, C, B, A.

Final Answer Selection

Comparing this order with the given options, the correct option is the one that lists the datasets as D, C, B, A.

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Important Questions from Measures of Dispersion

  1. If for a moderately symmetrical distribution mean deviation is 12, then the value of standard deviation is

  2. Variance is independent of change of :

  3. Which of the following are methods of dispersion ?
    A. Median
    B. Mean
    C. Mean deviation
    D. Standard deviation
    E. Range
    Choose the correct answer from the options given below :
  4. Mean (M) and coefficient of variation (CV expressed as a percentage) of different datasets are given in A-D below. Compute the standard deviation of each dataset and arrange in ascending order.
    A. M = 60, CV = 70/3
    B. M = 80, CV = 6.25
    C. M = 70, CV = 160/7
    D. M = 90, CV = 40/9
    Choose the correct answer from the options given below:
  5. When Mean deviation is divided by the average used in finding out the mean deviation itself, the resulting quantity is described as_____________.
    .

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