Author Question: The primary difference(s) between the standard deviation and the coefficient of variation as ... (Read 78 times)

saliriagwu · **on:** Jul 1, 2018

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

Question 2

Sharing contracts in franchising is when
a. The franchisor pays a fixed franchisor fee
b. The franchisor pays a percentage of the revenue or profit of the restaurant
c. The franchisor fee is decreased to 50
d. The franchise gets to share the franchise fee with other restaurants