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Geoff C

Coefficient of variance
 
Is there a simple way to get this from Excel? Looking to check some numbers
I've been given, but don't know enough stats to know what I'm looking for.

Thanks.

Michael R Middleton

Geoff C -

Is there a simple way to get this from Excel? <


Coefficient of Variation, CV, or coefficient of variance, equals the
standard deviation divided by the arithmetic mean. So, in Excel,

=STDEV(data_range)/AVERAGE(data_range)

It's often expressed as a percentage. So, mulitply by 100, or format the
cell as a percent.

- Mike

www.mikemiddleton.com




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