DEPARTMENT OF TECHNICAL EDUCATION

ANDHRA PRADESH

Name : A.KRISHNA KUMAR

Designation : Sr. Lecturer

Branch : Commercial & Computer

Practice
Institute : GPW ,Suryapet, Nalgonda
Year/Semester : IInd year / III Semester
Subject : Quantitative Techniques-1
Subject Code : CCP-303
Topic : Standard Deviation
Duration : 50 min.
Sub Topic : Co- efficient of variation for two
series of data
Teaching Aids : PPT.

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CCP303.67
Objectives

On the completion of this period, the student would

be able to:
Calculate Co-efficient of Variation for two series and
decide the consistency

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CCP303.67
Recap
 dx   dx 
2

2

 Standard Deviation = 
 N
 
  N


  

 C.V 
= 100
&
x&

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When two series of data is given,
 Calculate AM, SD and CV
 CV is calculated to know consistency of data of
both series

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Example 1

The following are the percentage of marks secured by R and

S in ten monthly Tests.

Test 1 2 3 4 5 6 7 8 9 10
R 46 82 72 50 54 74 70 58 62 66
S 50 77 56 62 65 71 74 53 59 68

If consistency is basis for the payment of Scholarship find

the student eligible for merit scholarship.

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Solution to Ex.1

Calculation of CV – R series
Tests x dx (Ax = 62) dx2

1 46 -16 256
2 82 +20 400
3 72 +10 100
4 50 - 12 144
5 54 - 08 64
6 74 +12 144
7 70 +08 64
8 58 -04 16
9 62 0 0
10 66 +04 16

∑dx=+14 ∑dx2=1204
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Solution to Ex.1
Calculation of CV – S
series
Tests y Dy (Ay=62) Dy2
2
1 50 -12 144
2 77 +15 225
3 56 - 6 36
4 62 0 0
5 65 +3 9
6 71 +9 81
7 74 +12 144
8 53 -9 81
9 59 -3 9
10 6 +6 36
∑dy=+15 ∑dy2=765
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Solution to Ex.1

R series - AM
X = Ax + ∑dx / N
= 62 + 14 /10
= 62 + 1.4
= 63.4 marks
S Series - AM
Y = Ay + ∑ dy / N
= 62 + 15 /10
= 62 + 1.5
= 63.5 marks.

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Standard Deviation of R Series
σx = √∑dx2 / N – ( ∑ dx / n ) 2
= √1204 / 10 – ( 14 / 10 ) 2
= √120.4 – (1.4)2
= √118.44
= 10.88
Standard Deviation of S Series
σy = √ dy2 / N – ( dy /N ) 2
= √765 / 10 – ( 115 / 10 )2
= √76.5 – (1.5)2
=
√76.5 – 22.5
= √ 74.25
= 8.617

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Co – efficient of Variation
x
C.V. = AM


=
10.88
63.4  100
= 17.16%
Co – efficient of Variation

C.V. =
x
Am  100
8.618
= 63.5  100

= 13.57%
The merit scholarship is payable to S on the basis of constitency. The
reason is the coefficient of variation of S (13.57%) is less than the co –
So S is consistent student.
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efficient of variation of R (17.16%). CCP303.67
 Summary

 Some times we may have to compare the available

sources of data for managerial purposes to choose
the better option among the available sources,
considering the cost, efficiency or consistency factors.
 Then calculate CV for comparison

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Frequently Asked Questions
 The following is the output (in units) relating
Two factories. Find the more consistent
factories

Factory A 102 26 0 35 83 44 7 14 64 15
Factory B 98 11 40 98 12 6 87 8 55 161

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