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NEW QUESTION: 1
The coefficient of variation of a distribution X is twice that of Y If X and Y have the same means, the variance of Y is:
A. half that of X.
B. same as that of X.
C. none of these answers.
D. twice that of X.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The coefficient of variation equals the standard deviation divided by mean. Since X and Y have the same mean, X must have a standard deviation which is twice that of Y for its coefficient of variation to be twice that of Y Then, the variance of X is 2