If the mean of a data set is 50 and the standard deviation is 10, what is the co

If the mean of a data set is 50 and the standard deviation is 10, what is the coefficient of variation?

If the mean of a data set is 50 and the standard deviation is 10, what is the coefficient of variation?

Step 1: Identify the mean of the data set, which is given as 50.
Step 2: Identify the standard deviation of the data set, which is given as 10.
Step 3: Use the formula for the coefficient of variation: Coefficient of Variation = (Standard Deviation / Mean) * 100.
Step 4: Substitute the values into the formula: Coefficient of Variation = (10 / 50) * 100.
Step 5: Calculate the division: 10 divided by 50 equals 0.2.
Step 6: Multiply the result by 100: 0.2 * 100 equals 20.
Step 7: Conclude that the coefficient of variation is 20%.

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