Use our free Coefficient of Variation (CV) Calculator to quickly determine the relative variability of your data. Input your standard deviation and mean to compare datasets, assess risk, and gain insights into data consistency. A crucial statistical tool for researchers, analysts, and students.
Formula:
The Coefficient of Variation (CV) is a standardized measure of dispersion of a probability distribution or frequency distribution. It is calculated as:
CV = (Standard Deviation / Mean) × 100%
Where:
Standard Deviation: (σ) A measure of the amount of variation or dispersion of a set of values.
Mean: (μ) The average of a set of numbers.