what is meant by coefficient of variation how will you calculate it in case of a discrete series
Answers
Answered by
1
Answer:
In the discrete series you are given the items(X) along with their frequency(F). Steps required to calculate coefficient of variation. ... Take one value from items (X) as assumed mean that is 'A' and calculate deviation dx = X-A.
Explanation:
Hope it was helpful to you
Answered by
3
Answer:
The coefficient of variation (CV) is a statistical measure of the relative dispersion of data points in a data series around the mean. In finance, the coefficient of variation allows investors to determine how much volatility, or risk, is assumed in comparison to the amount of return expected from investments.
Explanation:
CV = SD/100 * 100%
Coefficient of Variation = √∑Ni (Xi – X)2 / X
Similar questions