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. In fact, 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

image\popsd-sym.png

= Population Standard Deviation

S

= Sample Standard Deviation

image\u.png

= Population Mean

image\mean.png

= 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