coefficient of variation

World English Dictionary
coefficient of variation
statistics a measure of the relative variation of distribution independent of the units of measurement; the standard deviation divided by the mean, sometimes expressed as a percentage

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source's 21st Century Lexicon
Main Entry:  coefficient of variation
Part of Speech:  n
Definition:  a statistical measure of investment risk in which risk is defined as the standard deviation per unit of expected return; the ratio of standard deviation to the mean
Example:  There is an equivalent definition for the coefficient of variation of a population, which is based on the expected value and the standard deviation of a random variable.'s 21st Century Lexicon
Copyright © 2003-2014, LLC
Cite This Source
Copyright © 2014, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature