The coefficient of variation is a:
A)relative measure of variation.
B)ratio of standard deviation to variance.
C)continuous random variable.
D)measure of return.

Question

Quizplus · Accepted Answer

The coefficient of variation is a relative measure of variation. It is calculated as the ratio of the standard deviation to the mean, and is useful in comparing variability between different datasets with different units of measurement. Therefore, option A is the correct answer. Options B, C, and D are incorrect.

The Coefficient of Variation Is A