An attribute of a distribution: its standard deviation divided by its mean. Example: In a series of wage distributions over time, the standard deviation may rise over time with inflation, but the coefficient of variation may not, and thus the fundamental inequality may not. Source: Atkinson, 1970, p 252 Contexts: statistics Found on http://www.econterms.com/glossary.cgi?query=coefficient+of+variation
The coefficient of variation measures the spread of a set of data as a proportion of its mean. It is often expressed as a percentage. Found on http://www.encyclo.co.uk/local/20140
Is a statistic which is used to determine the degree of relative dispersion. It extends standard deviation analyses. By definition, standard deviations are statistical measures of absolute dispersion. Therefore, it is difficult to compare the variability of two different asset classes or assets within those classses. It is computed by dividing the ... Found on http://www.oasismanagement.com/glossary/