The Coefficient of Variation Is a Measure of ___________

question 128

Short Answer

The coefficient of variation is a measure of ___________.

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Definitions:

Excess Reserves

The surplus funds that banks hold over the required minimum set by the central bank to meet unexpected withdrawals.

Deposits

Funds stored in a bank or similar entity for security purposes that have the potential to accrue interest as time passes.

Reserve Requirement

The minimum amount of funds that a bank must hold in reserve against deposit liabilities, set by the central bank.

Excess Reserves

The reserves held by banks over and above the legal or required reserve ratio set by central banking authorities.