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The coefficient of variation is a relative measure of variability. It measures the

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Coefficient of variation is calculated as \(CV=\frac{\sigma}{\bar{X}}\times100\). It compares standard deviation with mean.

Updated On: May 22, 2026

Mode, mean
Standard deviation, mean
Quartile, Variance
Standard deviation, median

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The Correct Option is B

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Top Questions on Coefficient of Variation

Arrange the steps to compute the coefficient of variation \(CV\) in correct order: A. Compute standard deviation \(SD\), B. Divide \(SD\) by mean \(\bar{X}\), C. Compute Mean \(\bar{X}\), D. Multiply the ratio of \(SD\) and mean with 100 to express in percentage, E. Report CV.
- CUET (PG) - 2026
- Economics
- Coefficient of Variation
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