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If the value of standard deviation is 3 and that of arithmetic mean is 9 then find the value of coefficient of variation :
The coefficient of variation (CV) is a measure of relative variability and is calculated as the ratio of the standard deviation (Ο) to the mean (ΞΌ), expressed as a percentage.
Standard deviation (Ο) = 3
Arithmetic mean (ΞΌ) = 9
Coefficient of Variation (CV) = (Ο / ΞΌ) * 100
Substitute the given values into the formula:
CV = (3 / 9) * 100
CV = 0.333 * 100
CV = 33.33%
So, the coefficient of variation is 33.33%. (Option B)
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