Correct Answer - Option 1 : 3
Given
Two series of data are given
N1 = 10 and N2 = 5
X̅1 = 7 and X̅2 = 4
σ1 = 1 and σ2 = 1
Combined mean = X̅ = 6
x̅1 and x̅2 are mean of two series
Formula
Variance of (X1 + X2) = [N1(σ21 + D21) + N2(σ21 + D22)]/(N1 + N2)
D1 = X̅1 – X̅
D2 = X̅2 – X̅
Calculation
⇒ D1 = 7 – 6 = 1
⇒ D2 = 4 – 6 = -2
⇒ Var(X1 + X2) = [10(12 + 12) + 5(12 + (-2)2]/(10 + 5)
⇒ (20 + 25)/15
⇒ 45/15
∴ The combined variance is 3
Variance is square of standard deviation = σ2
Coefficient of variation = (σ/x̅) × 100