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Coefficient of variance

  1. #1
    Geoff C
    Guest

    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.

  2. #2
    Michael R Middleton
    Guest

    Re: Coefficient of variance

    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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