Given That the Mean of a Set of Data Is $12 \%$

question 41

Multiple Choice

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

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

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Definitions:

Percentage Change

A mathematical calculation that shows how much a quantity has increased or decreased in percentage terms from the original figure.

Horizontal Analysis

Comparative financial analysis technique that views financial data over multiple periods to identify trends and growth patterns.

Balance Sheet

A summary statement of a firm's assets, liabilities, and equity held by shareholders, reflecting its financial position at a specific moment.

Percentage Increase

Percentage increase is calculating the extent of growth in a value over time, expressed as a proportion of the original value.