A stock's average return in last 3 years were 12 and standard deviation is 8. Calculate coefficient of variation
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1
Answer:
Step-by-step explanation:
Given:
S.D=8
Mean=12
Coefficient of variaation
=(0.6666)x100
=66.66
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given,
stock's average return in last three years = mean ,
= 12
standard deviation ,
= 8
formula of coefficient of variation is given by
= 8/12 = 2/3 = 0.667
and coefficient of variation in % = 0.66 × 100 = 66.7 %
stock's average return in last three years = mean ,
standard deviation ,
formula of coefficient of variation is given by
= 8/12 = 2/3 = 0.667
and coefficient of variation in % = 0.66 × 100 = 66.7 %
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