The Primary Difference Between the Standard Deviation and the Coefficient

Multiple Choice

The primary difference between the standard deviation and the coefficient of variation as measures of risk is:

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.