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Allowing one employee to work in a position from 8:00 A.M.to 12:00 P.M.and another employee to work in the same position from 1:00 P.M.to 5:00 P.M.is called
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, used in statistics and finance to measure risk or volatility.
Variance
A statistical measure of the dispersion or spread of a set of data points, indicating how much the numbers in the data set deviate from the mean.
Coefficient of Variation
A measure indicating the relative variability of a data set by dividing the standard deviation by the mean, often used to assess risks or volatility in finance.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, used in finance to quantify the risk of an investment.
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