The coefficient of variation is useful for comparing: MCQ with Answer and Explanation

Question

Share Report Error

The coefficient of variation is useful for comparing:

A. Variability of datasets with different units or means

B. Probabilities

C. Medians

D. Means of two groups

Answer: Option A

Solution (By JKSSB Mock Tests)

CV = (SD/Mean)×100 provides a relative measure of dispersion.

This question belongs to: Accountancy and Statistics Statistics

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Statistics Questions

Question #1

If class intervals are inclusive, before plotting a histogram we must:

A. Use cumulative frequencies

B. Plot directly

C. Convert them to exclusive by adjusting boundaries

D. Change class width

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option C

Explanation:
Inclusive intervals have gaps; adjusting by half of the gap makes them continuous.

This question belongs to: Accountancy and Statistics Statistics

Question #2

A box contains 5 defective and 15 non-defective items. Two items are drawn. The probability that both are non-defective is:

A. 15/20 × 14/19 = 21/38

B. 1 - (5/20)²

C. (15/20)²

D. 21/38

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option A

Explanation:
P(both non-defective) = (15/20)×(14/19) = 210/380 = 21/38.

This question belongs to: Accountancy and Statistics Statistics

Question #3

In most human populations, the age group with the highest age-specific fertility rate is typically:

A. 15-19

B. 40-44

C. 20-24

D. 30-34

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option C

Explanation:
Fertility peaks in the 20-24 or 25-29 age range; commonly 20-24 is the highest in many populations.

This question belongs to: Accountancy and Statistics Statistics

Explore All Statistics MCQs