Question:

Which of the following measure of dispersion is independent of the unit of measurement?

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CV: unitless measure of dispersion.
Used to compare variability.
Independent of measurement unit.
  • Mean deviation
  • Standard Deviation
  • Variance
  • Coefficient of Variation
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The Correct Option is D

Solution and Explanation

Step 1: Understanding the Concept:
Measures of dispersion have different properties.
Some are unit-dependent, others are not.

Step 2: Key Formula or Approach:

No specific formula.
Need to know the properties of dispersion measures.

Step 3: Detailed Explanation:

Mean deviation, SD, and variance have units.
They depend on the unit of measurement.
Coefficient of variation (CV) is unitless.
It is expressed as a percentage.
Thus, CV is independent of the unit.

Step 4: Final Answer:

Coefficient of variation is independent of the unit of measurement.
Hence, the correct option is (D).
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