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Measures of Dispersion — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMeasures of Dispersion3 Marks
Question
What is the difference between coefficient of standard deviation and coefficient of variation?
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Answer

Coefficient of standard deviation is the ratio between standard deviation and mean of a series, whereas coefficient of variation represents standard deviation as a percentage of mean.

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