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Contents of Coefficient of Variation (6)
Coefficient of Variation (6)
- Looking at the 2 examples, we see that in both cases the standard deviation for B is twice that of A.
- In the first example, we have almost twice the relative variation in B.
- In the second example, we have a little over 16 times as much variation in A.
Coefficient fo variation: Compare Example 1 and 2
|
A |
B |
| CV Example 1 |
75% |
120% |
| CV Example 2 |
75% |
4.6% |