Question

What do you mean by absolute and relative measure of dispersion? State the uses of
the Coefficient of variation in statistical analysis.​

Answer 1

Explanation:

In statistical analysis, the coefficient of variation (COV) measures relative event dispersion. The COV is equal to the ratio between the standard deviation and the mean. Although COV is most commonly used in comparing relative risk, it may be applied to many types of probability distribution.

Answer 2

Answer:

Absolute & relative dispersion are two different ways to measure the spread of a data set. They are used extensively in biological statistics, as biological phenomena almost always show some variation and spread.

Explanation:

Hope its helpful.