Which of the following statement is incorrect?
A. Dispersion gives the variability and spread of data
B. The distance between the highest value and smallest value is range
C. Coefficient of variation is a measure of relative dispersion
D. Coefficient of variation relates variance and the mean of a distribution
Answer: Option D
Related Questions on Business Statistics
In statistical analysis, the burden of proof lies traditionally with
A. alternative hypothesis
B. null hypothesis
C. analyst
D. facts
A. Target fixing
B. Markets
C. Business forecasting for products
D. All of the above
A. Statements I and II are true
B. Statement II is true
C. Statements II and III are true
D. Statement III is true
A. Transaction processing
B. Application processing
C. Data processing
D. Information processing

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