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:

Monocline

A type of geological fold in which all layers are inclined in the same direction; it is an example of a simple bend in rock layers.

Lineation

A linear structure in a metamorphic rock.

Nonfoliated Metamorphic Rock

Metamorphic rocks that do not exhibit a layered or banded appearance as a result of their mineral grains being arranged randomly.

Hornfels

A fine-grained, nonfoliated metamorphic rock, typically formed by contact metamorphism of nearly any kind of starting rock.