what is coefficient variation? explain it's type
Answers
Answered by
1
Step-by-step explanation:
The coefficient of variation (COV) is a measure of relative event dispersion that's equal to the ratio between the standard deviation and the mean. While it is most commonly used to compare relative risk, the COV may be applied to any type of quantitative likelihood or probability distribution.
Answered by
1
Answer:
The coefficient of variation (COV) is a measure of relative event dispersion that's equal to the ratio between the standard deviation and the mean. While it is most commonly used to compare relative risk, the COV may be applied to any type of quantitative likelihood or probability distribution.
Similar questions