Spread the loveIntroduction The Coefficient of Variation (CV) is a relative measure of dispersion, which is used to compare the variability of data sets with different scales. This statistical measure ...

Spread the loveThe Coefficient of Variation (CV) is a statistical measure that compares the dispersion or spread of data points in a data set relative to their mean. In other words, it evaluates how ...

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. Overview: What ...