comparing coefficient of variation​

label Statistics
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

How to compare coefficient of variations?

Oct 22nd, 2015

Thank you for the opportunity to help you with your question!

Example:

Case Study: Take three companies coefficient variations

Safaricom =  0.377737064

Airtel = 0.56783

Orange =  0.44331523

The lower the coefficient variance the less volatile the returns. Orange offers the lowest return of all three, at a variance higher than Safaricom. this therefore warrants removing it from your thoughts. Airtel offers returns double those of Safaricom  but at variance less than double that of Safaricom. Therefore my vote goes to Airtel


Please let me know if you need any clarification. I'm always happy to answer your questions.
Oct 22nd, 2015

Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.
Click to visit
The Notebank
...
Oct 22nd, 2015
...
Oct 22nd, 2015
Oct 23rd, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer