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Author Question: The primary difference(s) between the standard deviation and the coefficient of variation as ... (Read 246 times)

saliriagwu

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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


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jaymee143

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

b


saliriagwu

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

gcook

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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