Mathematics · Coefficient of Variation Properties
Given below are two statements: one is labeled as Assertion (A) and the other is labeled as Reason (R). Assertion (A): The Coefficient of Variation (CV) is a relative measure of dispersion and is used to compare variability of two series with different units or different means. Reason (R): CV is expressed as a percentage and is therefore independent of the units of measurement. Choose the correct code:
- 1A is false, R is true
- 2A is true, R is false
- 3Both A and R are true, but R is not the correct explanation of A
- 4Both A and R are true, and R is the correct explanation of A✓
Correct answer
Both A and R are true, and R is the correct explanation of A
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