Mathematics · essential
Coefficient of variation for JEE
Calculation of standard deviation, variance and mean deviation for grouped and ungrouped data
Formula
\(\mathrm{CV}=\frac{\sigma}{\bar{x}}\times 100\%\)
Variables: \(\sigma\): standard deviation, \(\bar{x}\): mean.
Conditions: Usually used when \(\bar{x}>0\). Smaller CV implies greater consistency.
Comparing variability/consistency of two series.