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What does the coefficient of variation indicate?

Harper Gonzales | 2023-06-17 09:46:26 | page views：1855
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Lucas Rogers

Works at the International Development Association, Lives in Washington, D.C., USA.
It is calculated as follows: (standard deviation) / (expected value). The coefficient of variation represents the ratio of the standard deviation to the mean, and it is a useful statistic for comparing the degree of variation from one data series to another, even if the means are drastically different from one another.
2023-06-17 09:46:26
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Olivia Phillips

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It is calculated as follows: (standard deviation) / (expected value). The coefficient of variation represents the ratio of the standard deviation to the mean, and it is a useful statistic for comparing the degree of variation from one data series to another, even if the means are drastically different from one another.
Coefficient Of Variation (CV) - Investopedia
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