coefficient of variation

Popular Terms
Ratio of standard deviation to mean, it is a rough measure of relative dispersion in probability distribution and serves as a measure of relative risk. Also called Pearson's coefficient of variation after its formulator Karl Pearson.

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Sometimes there will be small determining factors within a new project and figuring out the coefficient of variation can really help.
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The coefficient of variation indicated that the source of profit generating activities was exactly was we had predicted in our research.
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If you can figure out the coefficient of variation you may be able to accurately predict the bad before it happens.
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