Measures of Central Tendency and DispersionMCQPYQ Dec 22Question 3137 of 473
All Questions

If the coefficient of variation and standard deviation are 30 and 12 respectively, then the arithmetic mean of the distribution is:

Options

A40\displaystyle 40
B36\displaystyle 36
C25\displaystyle 25
D19\displaystyle 19
For any discrepancies in this question, email contact@cadada.in

Correct Answer

✅ Option a — 40\displaystyle 40

All Options:

  • A40\displaystyle 40
  • B36\displaystyle 36
  • C25\displaystyle 25
  • D19\displaystyle 19

Ad

Detailed Solution & Explanation

**Given:** CV = 30, SD (σ\displaystyle \sigma) = 12 **Step 1: Use the formula for CV.** CV=σxˉ×100CV = \frac{\sigma}{\bar{x}} \times 100 **Step 2: Substitute and solve for xˉ\displaystyle \bar{x}.** 30=12xˉ×10030 = \frac{12}{\bar{x}} \times 100 xˉ=12×10030=120030=40\bar{x} = \frac{12 \times 100}{30} = \frac{1200}{30} = 40 **Result:** Arithmetic Mean = 40 Hence, **Option A** is the correct answer.

About This Chapter: Measures of Central Tendency and Dispersion

Paper

Paper 3: Quantitative Aptitude

Weightage

12-15 Marks

Key Topics

Mean, Median, Mode, Range, Mean Deviation, Standard Deviation

The core foundation of Statistics. This chapter covers Mean (Arithmetic, Geometric, Harmonic), Median, Mode, and their properties. It also explores measures of spread like Range, Mean Deviation, Standard Deviation, and Quartile Deviation.

View Official ICAI Syllabus

Exam Strategy Tip

Do not just memorize formulas; ICAI loves asking about the mathematical properties (e.g., 'sum of deviations from the AM is always zero'). You can usually eliminate 2 options just by knowing the properties.

Key Concepts to Understand

Standard Deviation

A measure of the dispersion or spread of values in a data set around the mean. It is the square root of Variance. A lower standard deviation indicates data points are clustered close to the mean; a higher value indicates greater spread.

Related Comparison Tables

Mean vs Median vs Mode: Measures of Central TendencyFiscal Policy vs Monetary Policy: CA Foundation Economics

More Questions from Measures of Central Tendency and Dispersion

If the range of 28,22,40,20,15,50\displaystyle 28, 22, 40, 20, 15, 50 is

If the S.D. of the 1st\displaystyle 1^{st} n\displaystyle n natural numbers is 30\displaystyle \sqrt{30} then the value of n\displaystyle n is

If the variance of 5,7,9\displaystyle 5, 7, 9 and 11\displaystyle 11 is 4\displaystyle 4, then the coefficient of variation is:

A helicopter flies from A to B at the rate of 500 km/hr. and comes back at the rate 700 km/hr. The average speed of the helicopter is

If Arithmetic Mean (A.M.) and Geometric Mean (G.M.) of two numbers are 6.50 and 6 respectively, then the two numbers are

Which of the following is not a method of dispersion?

Ready to Master Measures of Central Tendency and Dispersion?

Practice all 473 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.

Start Practicing — It's Free