Final answer:
The coefficient of variation is not solely determined by the standard deviation but also takes into account the mean of the data set.
Step-by-step explanation:
The statement is B) FALSE.
The coefficient of variation is a measure of relative variability and is calculated by dividing the standard deviation by the mean and multiplying by 100. It is used to compare the variability between different data sets.
Two processes with the same standard deviation may have different means, resulting in different coefficients of variation. The coefficient of variation is not solely determined by the standard deviation but also takes into account the mean of the data set.