Given That the Mean of a Set of Data Is

question 95

Multiple Choice

Given that the mean of a set of data is 25 and the standard deviation is 3, what is the coefficient of variation?

• A) 833%
• B) 12%
• C) 8.33
• D) 0.12

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Definitions:

Pooling

The act of combining resources or assets for a common purpose, often to increase efficiency or achieve a shared goal.

C Corporations

A type of corporation in the United States taxed separately from its owners, offering limited liability protection to its shareholders.

S Corporations

A type of corporation in the United States that meets specific Internal Revenue Code requirements, allowing it to pass income directly to shareholders and avoid double taxation.

Taxed

Subjected to a financial charge or levy imposed by a governmental organization on income, goods, or activities.