The topic Coefficient of Variation and Its Uses is an essential concept in CBSE Class 11 Economics (Part A: Statistics for Economics). The coefficient of variation (CV) is a relative measure of dispersion that expresses standard deviation as a percentage of the mean. It is used to compare the consistency or variability of different data sets, even when their averages differ. In economics, the CV helps analyse fluctuations in income, output, or prices, making it a valuable tool for economic comparisons and decision-making.
This online MCQ quiz on Coefficient of Variation and Its Uses is designed strictly as per the NCERT Class 11 Economics syllabus, making it ideal for CBSE board exam preparation. It features 60 multiple-choice questions that test conceptual understanding, analytical reasoning, and practical application of statistical measures.
With a 60-minute timer, automatic scoring, and per-question feedback, this NCERT-based quiz offers a complete and interactive exam-oriented practice experience. Strengthen your grasp of variability measures and prepare effectively for your Class 11 Economics exams.