Question: Estimated = S = t = 1 ? ( T ) - 1 2 The coefficient of variation is a better measure of stand -

Estimated =S=t=1?(T)-12
The coefficient of variation is a better measure of stand-alone risk than standard deviation because it is a standardized measure of risk per unit; it is calculated as the shows the risk per unit of return, so it provides a more meaningful risk measure when the expected returns on two alternatives are not identical . livided by the expected return. The coefficient of variation Quantitative Problem: You are given the following probability distribution for CHC Enterprises:
 Estimated =S=t=1?(T)-12 The coefficient of variation is a better measure of

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