CA Foundation Exam  >  CA Foundation Questions  >  If a constant value 10 is subtracted from eac... Start Learning for Free
If a constant value 10 is subtracted from each value of a series, the coefficient oh variation will be affected?
Most Upvoted Answer
If a constant value 10 is subtracted from each value of a series, the ...
Introduction
The coefficient of variation (CV) is a statistical measure that is used to measure the relative variability of a dataset. It is expressed as a percentage and is calculated by dividing the standard deviation of the dataset by the mean and then multiplying the result by 100. In this question, we are asked to determine whether subtracting a constant value of 10 from each value in a series will affect the coefficient of variation.

Effect of Subtracting a Constant Value of 10 from each Value in a Series on the Coefficient of Variation

Subtracting a constant value of 10 from each value in a series will not affect the coefficient of variation. This is because the CV is a measure of relative variability, which means that it is calculated based on the relationship between the standard deviation and the mean.

When a constant value of 10 is subtracted from each value in a series, the mean and standard deviation of the dataset will also change, but the relationship between the two will remain the same. In other words, the standard deviation will still be a measure of the spread of the data around the mean, regardless of whether a constant value of 10 has been subtracted from each value in the series.

Therefore, the coefficient of variation will remain unchanged, as it is calculated based on the ratio of the standard deviation to the mean. Subtracting a constant value of 10 from each value in a series will not affect this ratio, as both the standard deviation and the mean will be affected equally.

Conclusion
In conclusion, subtracting a constant value of 10 from each value in a series will not affect the coefficient of variation, as this measure is based on the relationship between the standard deviation and the mean. The standard deviation and mean will both change when a constant value of 10 is subtracted from each value in a series, but their relationship will remain the same, and thus the coefficient of variation will not be affected.
Community Answer
If a constant value 10 is subtracted from each value of a series, the ...
Decreases by 10
Explore Courses for CA Foundation exam
If a constant value 10 is subtracted from each value of a series, the coefficient oh variation will be affected?
Question Description
If a constant value 10 is subtracted from each value of a series, the coefficient oh variation will be affected? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If a constant value 10 is subtracted from each value of a series, the coefficient oh variation will be affected? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If a constant value 10 is subtracted from each value of a series, the coefficient oh variation will be affected?.
Solutions for If a constant value 10 is subtracted from each value of a series, the coefficient oh variation will be affected? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of If a constant value 10 is subtracted from each value of a series, the coefficient oh variation will be affected? defined & explained in the simplest way possible. Besides giving the explanation of If a constant value 10 is subtracted from each value of a series, the coefficient oh variation will be affected?, a detailed solution for If a constant value 10 is subtracted from each value of a series, the coefficient oh variation will be affected? has been provided alongside types of If a constant value 10 is subtracted from each value of a series, the coefficient oh variation will be affected? theory, EduRev gives you an ample number of questions to practice If a constant value 10 is subtracted from each value of a series, the coefficient oh variation will be affected? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev