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What is coefficient of dispersion. & why coefficient word is used here

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What is coefficient of dispersion. & why coefficient word is used here
Answered Same Day Dec 23, 2021

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Robert answered on Dec 23 2021
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Question: What is coefficient of dispersion & why coefficient word is used here?
Answer: This function measures relative inequality (or relative variation) of the data. Coefficient
of Dispersion (CD) is the ratio of the Average Absolute Deviation from the Median (MAAD) to
the Median of the data.
Coefficient of...
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