Measures of Central Tendency and DispersionMCQMTP Dec 2023 Series IQuestion 3201 of 473
All Questions

If mean and coefficient of variation of the marks of 10\displaystyle 10 students is 20\displaystyle 20 and 80\displaystyle 80 respectively. What will be the variance of them?

Options

A256\displaystyle 256
B16\displaystyle 16
C25\displaystyle 25
DNone of these
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Correct Answer

Option a256\displaystyle 256

All Options:

  • A256\displaystyle 256
  • B16\displaystyle 16
  • C25\displaystyle 25
  • DNone of these

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Detailed Solution & Explanation

**Given:** Mean xˉ=20\displaystyle \bar{x} = 20, CV = 80 **Step 1: Find SD.** CV=σxˉ×100CV = \frac{\sigma}{\bar{x}} \times 100 80=σ20×10080 = \frac{\sigma}{20} \times 100 σ=80×20100=16\sigma = \frac{80 \times 20}{100} = 16 **Step 2: Find Variance.** σ2=162=256\sigma^2 = 16^2 = 256 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

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