Question

Coffecient of variation is

Answer 1

Answer:

In probability theory and statistics, the coefficient of variation, also known as relative standard deviation, is a standardized measure of dispersion of a probability distribution or frequency distribution. It is often expressed as a percentage, and is defined as the ratio of the standard deviation to the mean.

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Answer 2

Answer:

A coefficient of variation ( CV ) can be calculated and interpreted in two different settings : analyzing a single variable and interpreting a model.

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