Coefficient Of Variation Example. For the iq example, cv = 14.4/98.3 = 0.1465, or 14.65 percent. 6 , coefficient of variation, c.v.
In our example 17% of our results were equal to the. For example, measuring a sample on one plate and the same. For the iq example, the variance = 14.4 2 = 207.36.
The standard deviation of returns from an investment option is to be divided by the mean annual return of that option, to arrive at the coefficient of variation.
Variance, standard deviation, and coefficient of variation. In the field of statistics, we typically use different formulas when working with population data and sample data. The coefficient of variation may not have any meaning for data on an interval scale. In finance, the coefficient of variation is used to measure the risk per unit of return.