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    What weakness of the standard deviation is overcome through the use of the coefficient of variation?

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    What weakness of the standard deviation is overcome through the use of the coefficient of variation?

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    https://brainmass.com/business/finance/weakness-standard-deviation-333988

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    When using standard deviation, we know that the units of the standard deviation are the same as the population. In the original data, if we use X units then the standard deviation applies to those X units. However, if we use different populations, then the standard deviation makes it difficult to compare ...

    Solution Summary

    A short discussion on the weakness of standard deviation and how coefficient of variation is used.

    $2.19

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