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A data set has coefficient of variation 20 percent and variance 144. Find its mean.

Competition practiceData & Probability
  • A60
  • B720
  • C28.8
  • D12

Step-by-Step Solution

The standard deviation is √144 = 12. From CV = (standard deviation ÷ mean) × 100 we get 20 = (12 ÷ mean) × 100, so the mean is 1200 ÷ 20 = 60. Putting the variance 144 into the formula in place of the standard deviation would wrongly give 720.
Answer: A) 60

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