Economics
Coefficient of variation
Coefficient of variation is a financial measure of value, return, cost, or cash flow.
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V = σ / x̄ × 100%
- 01Given
- 02Calculation
- 03Answer
What it means
Coefficient of variation is a financial measure of value, return, cost, or cash flow.
How it works and where it is used
Use this calculation for comparing economic indicators and measuring averages, variation, and growth rates.