Coefficient of Variation Calculator
Calculate the relative variability of your data set
Results
Coefficient of Variation: 0%
Mean: 0
Standard Deviation: 0
Understanding Coefficient of Variation
The coefficient of variation (CV) 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.
Key Points:
• CV = (Standard Deviation / Mean) × 100%
• Lower CV indicates less variability relative to the mean
• Useful for comparing datasets with different units or means
Common Applications:
• Financial analysis for risk assessment
• Quality control in manufacturing
• Scientific research and data analysis
• Portfolio management and investment decisions