The coefficient of variation formula can be performed in Excel by first using the standard deviation function for a data set. Next, calculate the mean by using the Excel function provided.

CoV is a simple calculation to measure the variation in your process. Let’s see how to do the calculation, explore an industry application, and answer a few questions about CoV. CoV, also known ...

Applications of the Coefficient of Variation . When used to evaluate investment risk, COV can be interpreted similarly to the standard deviation in modern portfolio theory (MPT).

Yong Bao, Finite-Sample Moments of the Coefficient of Variation, Econometric Theory, Vol. 25, No. 1 (Feb., 2009), pp. 291-297 Free online reading for over 10 million articles Save and organize content ...

Alan T. Arnholt, Jaimie L. Hebert, Estimating the Mean with Known Coefficient of Variation, The American Statistician, Vol. 49, No. 4 (Nov., 1995), pp. 367-369 Free online reading for over 10 million ...

Literature about graphs includes many discussions about whether zero needs to be included on all scales. ... This post shows how we can hide variation or exaggerate trends by changing the aspect ...