Standard Deviation vs Coefficient of Variation

Standard Deviation vs Coefficient of Variation

Two of the more difficult concepts to grasp in CPCU® 500 are standard deviation & coefficient of variation. The textbook says they are both measures of variation, but what does that mean exactly & why does that matter? This tip will provide a better explanation to help you understand these two tricky concepts better.

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Using Online Flashcards

Using Online Flashcards

If you’re thinking about using flashcards to help you with your CPCU® studies, consider the benefits of using online flashcard sites. Sites like Quizlet.com and Cram.com allow you to create your own sets of online flashcards (just like the sets you’d purchase from The Institutes or would otherwise make on your own), but with a lot more advantages:
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