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The coefficient of variation of data pertaining to the goals scored by two teams A and B in a football season are 0.35 and 0.72 respectively. The true statement is
  • a)
    Team B is more consistent than team A  
  • b)
    Two teams are equally consistent
  • c)
    Team A is more consistent than team B 
  • d)
    Nothing can be concluded
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The coefficient of variation of data pertaining to the goals scored by...
The coefficient of variation is a measure of consistency. Lower, the C.V, more consistent the data is. In this case, team A has a lower C.V and hence, is more consistent.
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The coefficient of variation of data pertaining to the goals scored by...
Understanding Coefficient of Variation
The coefficient of variation (CV) is a statistical measure that expresses the extent of variability in relation to the mean of the data. It is calculated as the ratio of the standard deviation to the mean, usually expressed as a percentage. A lower CV indicates more consistency in the data.
Comparing Teams A and B
- Team A's CV: 0.35
- Team B's CV: 0.72
Interpreting the Values
- A CV of 0.35 for Team A indicates that the goals scored by Team A have less variability relative to their mean, suggesting more consistency in performance.
- A CV of 0.72 for Team B shows greater variability compared to the mean, indicating less consistency.
Conclusion on Consistency
- Since Team A has a lower coefficient of variation than Team B, it means Team A's performance in scoring goals is more stable and predictable.
- Therefore, we can conclude that Team A is indeed more consistent than Team B.
Final Note
- The correct answer is option 'C': Team A is more consistent than Team B, based on the lower coefficient of variation.
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The coefficient of variation of data pertaining to the goals scored by two teams A and B in a football season are 0.35 and 0.72 respectively. The true statement isa)Team B is more consistent than team Ab)Two teams are equally consistentc)Team A is more consistent than team Bd)Nothing can be concludedCorrect answer is option 'C'. Can you explain this answer?
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The coefficient of variation of data pertaining to the goals scored by two teams A and B in a football season are 0.35 and 0.72 respectively. The true statement isa)Team B is more consistent than team Ab)Two teams are equally consistentc)Team A is more consistent than team Bd)Nothing can be concludedCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The coefficient of variation of data pertaining to the goals scored by two teams A and B in a football season are 0.35 and 0.72 respectively. The true statement isa)Team B is more consistent than team Ab)Two teams are equally consistentc)Team A is more consistent than team Bd)Nothing can be concludedCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The coefficient of variation of data pertaining to the goals scored by two teams A and B in a football season are 0.35 and 0.72 respectively. The true statement isa)Team B is more consistent than team Ab)Two teams are equally consistentc)Team A is more consistent than team Bd)Nothing can be concludedCorrect answer is option 'C'. Can you explain this answer?.
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