If the standard deviation and coefficient of variation of some observations are 1.2 and 25.6 respectively then find the mean value for the same observations ?

  1. 6.49
  2. 4.69
  3. 3.52
  4. None of these

Answer (Detailed Solution Below)

Option 2 : 4.69
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Detailed Solution

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Concept:

Calculation:

Given: For some observations we have standard deviation and coefficient of variation as 1.2 and 25.6 respectively.

Here, we have to find the mean for the same observations.

Let mean be x

As we know, 

⇒ 

⇒ x = 4.69 (approximately)

Hence,  option B is the correct answer.

Adding a constant to each value: The median, mean, and quartiles will be changed by adding a constant to each value. However, the range, interquartile range, standard deviation and variance will remain the same.

Multiplying every value by a constant: however, will multiply the mean, median, quartiles, range, interquartile range, and standard deviation by that constant, and multiply the variance by the square of that constant.

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