alleryStart learning →In actuarial science, the coefficient of variation is known as:
ALoss factor
BRisk ratio
CMean index
DUnitized risk
Answer & Solution
Correct answer: D. Unitized risk
Actuaries call the SD-to-mean ratio unitized risk.
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Related questions
A data set has median 10. Every value is tripled and then 4 is subtracted. The new median Every observation is doubled and then 5 is added. A mode of 6 becomes:When the mean is close to zero, the coefficient of variation tends to:The coefficient of variation of an exponential distribution equals:For the progression 7, 11, 15, 19, 23 the mean and median are both:Which measure of dispersion uses only the largest and smallest values?Heights of plants are in centimetres. The range of these heights is expressed in:Five numbers have mean 20. If one number 30 is replaced by 10, the new mean is: