Formula: Coefficient of variation:(𝑠/𝑥) ∗ 100% GIVEN: Sample mean (𝑥 ): 6.833333333 Standard deviation:(𝑠): 1.763291071 Solution: 1.763291071/6.833333333=0.258042596
(0.258042596) ∗ 100% = 25.80%
Therefore, the coefficient of variation of the 1st data set is
25.80%
2nd Data Set
𝑥̅ =6.2
𝑆 = 2.1408721 2.1408721 CV= ( ) 100% 6.2
CV= (0.345301952) × 100%=34.53%
The coefficient of variation of the 2nd data set is 34.53% From the given data sets, the coefficient of variation of the 1st data is 25.80%, while the 2nd data set has a coefficient variation of 34.53%. Hence it means that the 1st data set having a lesser variability is more consistent when it comes to its performance than the second data set.