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)
Sample Coefficient of Variation (V)
where
= Population Standard Deviation
S = Sample Standard Deviation
= Population Mean
= Sample Mean
See Also
95% and 99% Confidence Interval for the Mean
Critical Value of K-S Statistic at 90%, 95%, and 99% Significance Level
Kolmogorov-Smirnov Goodness of Fit Statistic for Normal Distribution