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What is the formula for calculating coefficient of variation (CV)?

帮考网校2020-11-30 16:51:46
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The formula for calculating coefficient of variation (CV) is:

CV = (standard deviation / mean) x 100%

Where:

- CV = coefficient of variation
- Standard deviation = a measure of the amount of variation or dispersion in a set of data
- Mean = the average value of the set of data
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