Coefficient of Variation

 

The coefficient of variation is the standard deviation divided by the mean. The worksheet reports the quotient: it does not convert the value to a percentage. The coefficient of variation is a dimensionless measure of variation. This statistic is not defined for the case of a zero mean and this measure is only useful when dealing with strictly positive data.

 

Population Coefficient of Variation (V) 

image\popcov.png

Sample Coefficient of Variation (V) 

image\samcov.png

where

= Population Standard Deviation

s

= Sample Standard Deviation

= Population Mean

= Sample Mean

 

 

See Also

Data Statistics

95% and 99% Confidence Interval for the Mean

Average Deviation

Coefficient of Kurtosis

Coefficient of Skewness

Critical Value of K-S Statistic at 90%, 95%, and 99% Significance Level

Kolmogorov-Smirnov Goodness of Fit Statistic for Normal Distribution

Mean

Standard Deviation

Standard Error of the Mean

Statistics References

Variance