The ____________ measures variation as a percentage of the mean.
A)weighted average
B)coefficient of variation
C)standard deviation
D)covariance
E)correlation coefficient

Question

Quizplus · Accepted Answer

The coefficient of variation measures the extent of variability in relation to the mean of the population. It is expressed as a percentage, making it a standardized measure of dispersion of a probability distribution or frequency distribution.

The ____________ Measures Variation as a Percentage of the Mean