answersLogoWhite

0

The Coefficient of Variation is a ratio showing the degree to which individual points of data in a sample deviate from the mean. It is calculated by taking the standard deviation of the sample and dividing that by the mean of the sample. It can be useful for comparing different data sets because it is a ratio (or percentage) and not an absolute number.

User Avatar

Wiki User

11y ago

Still curious? Ask our experts.

Chat with our AI personalities

SteveSteve
Knowledge is a journey, you know? We'll get there.
Chat with Steve
MaxineMaxine
I respect you enough to keep it real.
Chat with Maxine
ReneRene
Change my mind. I dare you.
Chat with Rene

Add your answer:

Earn +20 pts
Q: What does the term coefficient of variation mean?
Write your answer...
Submit
Still have questions?
magnify glass
imp