Question

What is the range of possible values for the coefficient of variation?

a) Non-negative values
b) 0% and 100%
c) Unlimited values
d) -1 and 1

Answer 1

The coefficient of variation cannot be negative and has non-negative values only.

Step-by-step explanation:

The coefficient of variation is a measure of relative variability and is calculated by dividing the standard deviation of a dataset by its mean, and then multiplying by 100. The range of possible values for the coefficient of variation is a) Non-negative values, meaning it cannot be negative. So option a) is correct.