Formula to calculate coefficient of variation from mean and standard deviation is
= (σ/x̄) ⋅ 100%
Here σ is the standard deviation and x̄ is the mean.
Formula to find standard deviation σ is
Formula to find arithmetic mean x̄ is
x̄ = ∑x/n
Example 1 :
If n = 10, x̄ = 12 and Σx2 = 1530, then calculate the coefficient of variation.
Solution :
The formula to find coefficient of variation is
C.V = (σ/x̄) x 100
σ = √(Σx2/n) - (Σ x/n)2
= √(1530/10) - 122
= √153 - 144
= √9
= 3
Coefficient of variation C.V = (σ/x̄) x 100
= (3/12) x 100
= (1/4) x 100
= 25
Example 2 :
Calculate the coefficient of variation of the following data
20, 18, 32, 24, 26
Solution :
First let us write the given data in ascending order
20, 18, 32, 24, 26
x 18 20 24 26 32 |
d = x-24 18-24 = -6 20-24 = -4 24-24 = 0 26-24 = 2 32-24 = 8 |
d2 36 16 0 4 64 |
Σ x = 120 |
Σd² = 120 |
Mean = Σx/n = 120/5 x̄ = 24 |
σ = √(Σ d²/n) = √(120/5) = √24 = 4.9 |
Coefficient of variation C.V = (σ/x̄) x 100
= (4.9/24) x 100
= 490/24
= 20.416
= 20.42
Example 3 :
If the coefficient of variation of a collection of data is 57 and its standard deviation is 6.84, then find the mean.
Solution :
Coefficient of variation C.V = 57
Standard deviation (σ) = 6.84
(σ/x̄) x 100 = 57
(6.84/x̄) x 100 = 57
x̄ = 684/57
x̄ = 12
Example 4 :
A group of 100 candidates have their average height 163.8 cm with coefficient of variation 3.2. What is the standard deviation of their heights?
Solution :
mean of height of 100 candidates(x̄) = 163.8
coefficient of variation (C.V) = 3.2
(σ/x̄) ⋅ 100 = 3.2
(σ/163.8) ⋅ 100 = 3.2
σ = (3.2 x 163.8)/100
σ = 5.2416
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