Asked by Kylann Tourtillott on Apr 23, 2024
The coefficient of variation is the
A) same as the variance.
B) standard deviation divided by the mean times 100.
C) square of the standard deviation.
D) mean divided by the standard deviation.
Coefficient of Variation
A metric that quantifies the spread of data points around the mean within a dataset, represented as a percentage of the mean itself.
Variance
A statistical measure of the dispersion of a set of data points in a data distribution, showing how each data point differs from the mean.
- Execute calculations to find the variance and standard deviation, and interpret their meanings for a collection of data points.
Learning Objectives
- Execute calculations to find the variance and standard deviation, and interpret their meanings for a collection of data points.