A characteristic feature of the Fourier Power Density Spectrum (PDS) observed from black hole X-ray binaries in low/hard and intermediate spectral states is a broad band-limited noise, characterized by a constant below some frequency (a frequency) and a power law above this frequency. It has been shown that the variability of this type can be produced by the inward diffusion of the local driving perturbations in a bounded configuration (accretion disk or corona). In the framework of this model, the perturbation diffusion time to is related to the phenomenological break frequency, while the PDS power-law slope above the is determined by the viscosity distribution over the configuration. The perturbation diffusion scenario explains the decay of the power of X-ray variability observed in a number of compact sources (containing black hole and neutron star) during an evolution of theses sources from low/hard to high/soft states. We compare the model predictions with the subset of data from Cyg X-1 collected by the Rossi X-ray Time Explorer (RXTE). Our extensive analysis of the Cyg X-1 PDSs demonstrates that the observed integrated power P(sub x), decreases approximately as a square root of the characteristic frequency of the driving oscillations v(sub dr). The RXTE observations of Cyg X-1 allow us to infer P(sub dr), and t(sub o) as a function of v(sub dr). We also apply the basic parameters of observed PDSs, power-law index and low frequency quasiperiodic oscillations. to infer Reynolds (Re) number from the observations using the method developed in our previous paper. Our analysis shows that Re-number increases from values about 10 in low/hard state to that about 70 during the high/soft state. Subject headings: accretion, accretion disks-black hole physics-stars:individual (Cyg X-1) :radiation mechanisms: nonthermal-physical data and processes