COEFVARPCT(numeric_exp)

Returns the Coefficient of Variation in Percentage for the Population of numeric_exp.

Description

When the averages for two or more different samples are not equal you need a measure of relative dispersion. The Coefficient of Variation Percentage for the sample is such a measure. The Coefficient of Variation Percentage yields information about the sample standard deviation relative to the mean. Thus it could be thought of as the magnitude of the sample standard deviation. This quantity is dimensionless, and therefore has the advantage of being independent of the units of measurement. It is calculated as follows:

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In other words, the population coefficient of variation percentage is the standard deviation of the sample divided by the mean, expressed as a percentage.

 

Parameters

 

numeric_exp must be a number, or a numeric expression.

 

Comments

 

 See also COEFVARPCTP