The paper reports on experimental investigations of absorption and dispersion profiles of a strongly driven hyperfine transition at various pump field intensities and detunings when probed by a weak field. The transition lies at 5.4 MHz and corresponds to the I(z) = 0 double-line arrow pointing both left and right -1 nuclear magnetic transition within the electron spin singlet of the 3A ground state of the nitrogen-vacancy (NV) center in diamond. The inhomogeneous linewidth of the transition is 8 kHz whereas the homogeneous linewidth is 2.7 kHz, which is a factor of 3 larger than that limited by the population relaxations. The absorption and dispersion are obtained using Raman heterodyne detection, a coherent optically detected magnetic-resonance technique. Measurements are performed in a situation where there is an anticrossing of the ground-state electron-spin levels, as this leads to an enhancement of the hyperfine transition strengths and the optical sensitivity. Weak probe fields with Rabi frequency < 0. 6 kHz could then be used. The absorption and dispersion profiles were recorded for on-resonance pump fields of various strengths with Rabi frequencies of 0, 2.1, 3.7, 6.6, 11.8, and 21 kHz. In addition, the responses were recorded for an off-resonance field with a Rabi frequency of 55 kHz and detunings between -40 and +40 kHz. The corresponding response of an idealized driven two-level system has been calculated using an established density-matrix equation-of-motion formalism. When normalized to the profiles with no driving field, the calculated and experimental profiles are in excellent agreement. The nitrogen-vacancy system provides a very clear experimental illustration of a driven two-level system and some aspects are highlighted. For on-resonance pumping, the dispersion profile consists of a positive and a negative absorptionlike peak separated by twice the pump Rabi frequency. The peaks correspond to a significant signal strength (index of refraction) whereas at the frequency of the peaks in dispersion, the absorption is zero. The corresponding absorption profile consists of two dispersionlike features separated by twice the pump Rabi frequency, and between the two features there is negative absorption or gain. For off-resonance pumping, there are again two features. For example, in absorption response, there is an absorption peak and an amplification peak symmetrically displaced from the pump frequency by the generalized Rabi frequency. In this off-resonance pumping situation, it is pointed out that gain occurs where there is inversion in the dressed state whereas gain for the on-resonance pumping situation is achieved without population inversion in either the bare or dressed state.