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Is a coefficient of variation better for a capital or flex budget?

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Is a coefficient of variation better for a capital or flex budget?
Answered Same Day Dec 21, 2021

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David answered on Dec 21 2021
126 Votes
Is a coefficient of variation better for a capital or flex budget?
Answer:
Coefficient of variation is considered better for a flexible budget. It is ratio of standard deviation to the mean. A large value of coefficient of variation indicates the greater variability in the results. In terms of...
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