NDA 2017 Mathematics question
Consider the following statements : 1. Variance is unaffected by change of origin and change of scale. 2. Coefficient of variance is independent of the unit of observations. Which of the statements given above is/are correct?
Answer: (B)
Solution
Variance is unaffected by a change of origin, but a change of scale by a factor multiplies it by ; statement 1 is incorrect. The coefficient
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