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 is helpful to analyze how ...

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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 as the ...

Some background notes on inequality indices are presented. Equality is seen not as a distribution in which each cell receives an equal share of a resource but as one in which each share is ...