The Primary Difference(s)between the Standard Deviation and the Coefficient of Variation

question 6

Multiple Choice

The primary difference(s) between the standard deviation and the coefficient of variation as measures of risk are:

• A) the coefficient of variation is easier to compute
• B) the standard deviation is a measure of relative risk whereas the coefficient of variation is a measure of absolute risk
• C) the coefficient of variation is a measure of relative risk whereas the standard deviation is a measure of absolute risk
• D) the standard deviation is rarely used in practice whereas the coefficient of variation is widely used
• E) c and d

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Definitions:

Rocks Oxidize

The chemical process where rocks react with oxygen, leading to changes in their mineral composition and often causing them to weaken or crumble.

Earth's Surface

The outermost layer of the Earth, consisting of the crust and parts of the upper mantle that interact directly with the biosphere and atmosphere.

Minerals

Naturally occurring, inorganic solids with a definite chemical composition and a crystalline structure, forming the building blocks of rocks.

Minerals Weather

The process of breaking down or alteration of minerals in rocks by physical, chemical, or biological processes at or near the earth's surface.