Examlex
Which of the following types of insurance does NOT involve a contract with an external party?
Coefficient of Variation
A uniform metric showing the spread of a probability or frequency distribution as a percentage relative to the average.
Standard Deviation
A statistic that measures the dispersion or variation of a set of data points from their mean.
Variance
A measure of how much the values in a dataset vary or deviate from the mean, technically the average of the squared differences from the Mean.
Coefficient of Variation
A normalized measure of the dispersion of a probability distribution or frequency distribution, often expressed as a percentage.
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