Economy, asked by adithyaanil552, 7 months ago

standard deviation and coefficient of variation are always expressed in the same unit true or false​

Answers

Answered by sonekarnanjali
0

Answer:

The coefficient of variation (CV) is a measure of relative variability. It is the ratio of the standard deviation to the mean (average). For example, the expression “The standard deviation is 15% of the mean” is a CV.

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Answered by intelligent12394
0

Explanation:

The coefficient of variation represents the ratio of the standard deviation to the mean, and it is a useful statistic for comparing the degree of variation from one data series to another, even if the means are drastically different from one another.

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