(I If Two Sets of Data Are in Different Units

question 128

Multiple Choice

(i. If two sets of data are in different units, we can compare the dispersion by using coefficient of variation. (ii) A sample of the homes currently offered for sale revealed that the mean asking price is $75,900, the median $70,100 and the modal price is $67,200. The standard deviation of the distribution is $5,900. The Pearson's coefficient of skewness is 2.95
(iii) The coefficient of variation is a measure of central tendency.

• A) (i), (ii) and (iii) are all correct statements
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements, but not (i).
• E) (i), (ii) and (iii) are all false statements.

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Algebraic Expression

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