Question

Arrange the steps to compute the coefficient of variation \(CV\) in correct order: A. Compute standard deviation \(SD\), B. Divide \(SD\) by mean \(\bar{X}\), C. Compute Mean \(\bar{X}\), D. Multiply the ratio of \(SD\) and mean with 100 to express in percentage, E. Report CV.

• A. C, A, B, D, E
• B. A, B, C, D, E
• C. C, B, D, A, E
• D. D, E, A, B, C

Hint:

To calculate \(CV\), remember: Mean first, SD second, divide SD by mean, multiply by 100, then report the result.

Answer 1

The Correct Option is A