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Question

Mathematics Question on Statistics

If coefficient of variation is 6060 and standard deviation is 2424, then Arithmetic mean is

A

4040

B

720\frac {7}{20}

C

207\frac {20} {7}

D

140\frac {1} {40}

Answer

4040

Explanation

Solution

We have,
CV=60,σ=64C \cdot V =60, \sigma=64
We know that
CV=σxˉ×100C \cdot V =\frac{\sigma}{\bar{x}} \times 100
60=24xˉ×100\Rightarrow 60 =\frac{24}{\bar{x}} \times 100
xˉ=24×10060\Rightarrow \bar{x} =\frac{24 \times 100}{60}
xˉ=40\Rightarrow \bar{x} =40
\therefore Arithmetic means =40=40