Question

The coefficient of variation is?

• A. The same as the variance
• B. A measure of central tendency
• C. A measure of absolute variability
• D. A measure of relative variability

Answer 1

The correct option is D A measure of relative variability

Coefficient of variation is the coefficient of dispersion based on the standard deviation of the statistical series.

Therefore, Coefficient of variation is a unit less or relative measure of dispersion as variation is the absolute measure of dispersion.