The Primary Difference Between the Standard Deviation and the Coefficient

question 41

Multiple Choice

The primary difference between the standard deviation and the coefficient of variation as measures of risk is:

• 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.

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Definitions:

Locus of Control

The degree to which people believe they have power over the events in their lives, either externally determined or by their own actions.

Immune Suppression

A reduction in the efficacy of the immune system's ability to fight infections and diseases, potentially caused by stress, medication, or certain medical conditions.

Immediate Experiences

Direct, real-time perceptions and sensations an individual is aware of at any given moment.

Nonjudgmental

An attitude of acceptance without passing judgment on others' actions, feelings, or thoughts.