Measures of dispersion short question(old is gold question solution) p-1
1.Coefficient of variation of a distribution is found to be 20% and variance of distribution is 36.Find the mean value of the distribution.
solution:
Given,
coefficient of variance(CV) = 20%
variance = 36
Mean(X̅)= ?
we know that,
standard deviation(σ) = √variance
=√36
=6
CV = σ/X̅ *100
or, 20 = σ / X̅ *100
or, X̅ = 600/20
X̅=30
Hence Mean is 30.
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