Coefficient of Variation Calculator

Coefficient of Variation Calculator

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What is Coefficient of Variation?

The Coefficient of Variation (CV) is a measure of the relative variability of a set of data. It is calculated by dividing the standard deviation of the data by the mean, and then expressing the result as a percentage. This measure can be used to compare the variability of different datasets, and is especially useful when the mean values of the datasets are different.

What is Coefficient of Variation Calculator?

A Coefficient of Variation Calculator is a tool used to measure the relative variability of a set of data. It is calculated by dividing the standard deviation of a set of data by its mean, and then multiplying the result by 100 to express it as a percentage. The coefficient of variation is used to compare the variability of different sets of data, and can be used to identify outliers or to determine whether a set of data is normally distributed.

How to Calculate Coefficient of Variation?

The Coefficient of Variation (CV) is a measure of relative variability and is calculated by dividing the standard deviation by the mean. CV = Standard Deviation / Mean For example, if the mean of a data set is 10 and the standard deviation is 2, then the CV is 0.2.

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