Concept:Variance measures dispersion around the mean, while the coefficient of variation (CV) is a unit-free ratio.
Explanation:Statement 1:Variance is unaffected by change of origin but is affected by change of scale.
A change of origin adds a constant to all
xi​; the mean also shifts by the same constant, so deviations
xi​−μ remain unchanged. Hence variance stays the same.
A change of scale multiplies all values by a constant
c; the mean also multiplies by
c, so squared deviations become
c2 times the original. Therefore variance changes by factor
c2.
Thus Statement 1 is false because it claims variance is unaffected by both origin and scale.
Statement 2:The coefficient of variation is
CV=μσ​×100%.
Both
σ (standard deviation) and
μ (mean) have the same unit as the observations, so their ratio is dimensionless.
Thus CV is independent of the unit of observation.
Hence Statement 2 is true.
Answer:Only statement 2 is correct. The correct option is B: 2 only.