Which of the following best describes the coefficient of variation of the employee performance data.
A. The coefficient of variation is 3.7%, indicating that the data is clustered about the mean.
B. The coefficient of variation is 12.7%, indicating that the data is moderately spread about the mean.
C. The coefficient of variation is 32.7%, indicating that the data is widely spread about the mean.
D. The coefficient of variation is 27.5%, indicating that the data is widely spread about the mean.