Coefficient of Variation
Version 1.0.0 · Updated 2026-07-30
CORE DEFINITION
The ratio of the standard deviation to the mean, used to compare the relative dispersion of datasets with different units or different means.
SCAFFOLDING EFFECT
Reduce cognitive load
Standardized comparison. It enables comparison of variability across different scales.
Anchor fast decisions
CV=σ/μ is a dimensionless relative dispersion measure that eliminates the influence of units and mean level, allowing comparison of dispersion across datasets with different units or means. When the mean is close to zero, CV becomes distorted, so the mean must be far from zero.
MINIMUM ACTION
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Source support: Explicit
- en.wikipedia.orghttps://en.wikipedia.org/wiki/Coefficient_of_variationverified
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