What is mean by measure of variation? It is the measure of relative variability. It is the ratio of the standard deviation to the mean. Both A and B. None of the above.
Question
What is mean by measure of variation? It is the measure of relative variability. It is the ratio of the standard deviation to the mean. Both A and B. None of the above.
Solution
The measure of variation, also known as the coefficient of variation, is a statistical measure that shows the dispersion of data points in a data series around the mean. It is calculated as the ratio of the standard deviation to the mean. This measure is useful because the standard deviation of data may greatly vary from one data series to another. By comparing the measure of variation, we can get a relative comparison of the data dispersion from different data series. So, the correct answer is "Both A and B".
Similar Questions
What is the definition of variation?
A statistical measure of the variability of a distribution around its mean is referred to as __________.
Which is not a measure of variability?Question 22Answera.Rangeb.Variancec.Standard deviationd.Mean
For any data set, which of the following are both measures of variation?
____________ are measures that describe the extent to which scores in a distribution differ from each other.Question 12Answera.measures of averageb.measures of central tendencyc.measures of variabilityd.measures of dispersion
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.