If the mean of a data set is 50 and the coefficient of variation is 20%, the standard deviation is: MCQ with Answer and Explanation

If the mean of a data set is 50 and the coefficient of variation is 20%, the standard deviation is:
A. 1000
B. 0.4
C. 5
D. 10
Answer: Option D
Solution (By JKExamLibrary)
CV = (SD/mean)×100 ⇒ 20 = (SD/50)×100 ⇒ SD = 10.

This question belongs to: Accountancy and Statistics Statistics

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