Math Problem Statement
2 Calculate the coefficient of variation for the data: [5, 10, 15, 20, 25].
Solution
To calculate the coefficient of variation (CV) for the data set , we need the following steps:
Step 1: Calculate the Mean
The mean () is the average of the data set.
Step 2: Calculate the Standard Deviation
The standard deviation () measures the spread of the data. We can calculate it using the formula:
Where:
- are the individual data points,
- is the mean,
- is the number of data points.
For the given data:
Sum of squared deviations:
Now, divide by the number of data points :
Take the square root to find the standard deviation:
Step 3: Calculate the Coefficient of Variation
The coefficient of variation is the ratio of the standard deviation to the mean, expressed as a percentage:
Final Answer:
The coefficient of variation for the data set is approximately 47.05%.
Would you like more details on any of the steps, or do you have further questions?
Here are some related questions:
- How does the coefficient of variation help in comparing different data sets?
- What happens to the coefficient of variation if the mean of a data set increases?
- How do you interpret a high coefficient of variation in a data set?
- How can you calculate the standard deviation for a sample instead of a population?
- What other measures of dispersion are used alongside standard deviation and coefficient of variation?
Tip: The coefficient of variation is especially useful for comparing the relative variability between datasets with different units or scales!
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Math Problem Analysis
Mathematical Concepts
Statistics
Measures of Dispersion
Coefficient of Variation
Mean
Standard Deviation
Formulas
Mean: μ = (Σx_i) / N
Standard Deviation: σ = sqrt(Σ(x_i - μ)^2 / N)
Coefficient of Variation: CV = (σ / μ) * 100
Theorems
Formula for Coefficient of Variation
Formula for Standard Deviation
Suitable Grade Level
Grades 9-12
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