BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
18.64%
|
|
|
21.36%
|
|
|
20.28%
|
|
|
21.67%
|
Detailed explanation-1: -Example calculation CV = standard deviation / sample mean x 100 = CV = volatility / projected return x 100 = CV = (0.05) / (0.13) x 100 = 0.38 x 100 = 38%
Detailed explanation-2: -∴ The coefficient of variation is 24.
Detailed explanation-3: -Coefficient of variation (CV) is a measure of relative variability with respect to the mean of the population. It is the ratio of the standard deviation to the mean (average). COV is used to describe relative variability within a population independently of absolute values of observation.
Detailed explanation-4: -The coefficient of variation (CV) is the ratio of the standard deviation to the mean. The higher the coefficient of variation, the greater the level of dispersion around the mean. It is generally expressed as a percentage.