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Question: Answered & Verified by Expert
Consider the following statements:
1 . Coefficient of variation depends on the unit of measurement of the variable.
2 . Range is a measure of dispersion.
3 . Mean deviation is least when measured about median. Which of the above statements are correct?
MathematicsStatisticsNDANDA 2017 (Phase 2)
Options:
  • A 1 and 2 only
  • B 2 and 3 only
  • C 1 and 3 only
  • D 1,2 and 3
Solution:
1151 Upvotes Verified Answer
The correct answer is: 2 and 3 only
Only statements 2 and 3 are correct

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