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World English Dictionary

coefficient of variation | |

—n | |

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

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2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins

Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009

Cite This Source

Dictionary.com'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. |

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