(i. If two sets of data are in different units, we can compare the dispersion by using coefficient of
Variation.
(ii. A study is made of the commissions paid to furniture salespersons. If the standard deviation is
Computed, it would be measured in dollars squared.
(iii) The coefficient of variation is a measure of relative dispersion.
A) (i) , (ii) and (iii) are all correct statements
B) (i) and (ii) are correct statements but not (iii) .
C) (i) and (iii) are correct statements but not (ii) .
D) (ii) and (iii) are correct statements, but not (i) .
E) (i) , (ii) and (iii) are all false statements.
Correct Answer:
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