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### How to interpret the coefficient of variation?

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Find out how to use the coefficient of variation, and why it is often a better measure of dispersion and risk than standard deviation. Coefficient of variation (CV)вЂ¦ PU/DSS/OTR Measure of dispersion, helps compare variation across variables with different units. A variable with

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• How to interpret the coefficient of variation?

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### How to interpret the coefficient of variation?

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Coefficient of Variation. The standard deviation divided by the mean *Shows variation relative to the mean. For samples: CVar =. s. ___. _ X. *100%. The coefficient of variation (CV), also known as вЂњrelative variabilityвЂќ, equals the standard deviation divided by the mean. It can be expressed either as a

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Lecture 9: Variance, Covariance, Correlation Coefп¬Ѓcient Example 3 Let X be a continuous random variable with PDF g(x) = 10 3 x 10 3 x4; 0

the correlation coefficient determines the strength of the correlation. Although there are no hard and fast rules for > 0.7 strong correlation For example, Measures of Dispersion - Download as Powerpoint Presentation (.ppt / .pptx), PDF File (.pdf), Text File (.txt) or view presentation slides online.

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