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Coefficient of variation

Index Coefficient of variation

In probability theory and statistics, the coefficient of variation (CV), also known as relative standard deviation (RSD), is a standardized measure of dispersion of a probability distribution or frequency distribution. [1]

60 relations: Absolute value, Actuarial science, Analytical chemistry, ANOVA gauge R&R, Approximation error, Assay, Bias of an estimator, Celsius, Confidence interval, Digital image processing, Dimensionless quantity, Economic model, Engineering, Erlang distribution, Exponential distribution, Fahrenheit, Fano factor, Frequency distribution, Gini coefficient, Hyperexponential distribution, Income inequality metrics, Index of dispersion, Interquartile range, Intraclass correlation, Kelvin, Level of measurement, Log-normal distribution, McKay's approximation for the coefficient of variation, Mean, Midhinge, Multiplicative inverse, Natural logarithm, Noncentral t-distribution, Normal distribution, Normalization (statistics), Omega ratio, Physics, Probability distribution, Probability theory, Quartile coefficient of dispersion, Queueing theory, R (programming language), Rankine scale, Reliability engineering, Renewal theory, Root-mean-square deviation, Sample size determination, Sampling (statistics), Security (finance), Signal processing, ..., Signal-to-noise ratio, Signal-to-noise ratio (imaging), Skewness, Standard deviation, Standard score, Standardized moment, Statistical dispersion, Statistical hypothesis testing, Statistics, Volatility (finance). Expand index (10 more) »

Absolute value

In mathematics, the absolute value or modulus of a real number is the non-negative value of without regard to its sign.

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Actuarial science

Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance and other industries and professions.

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Analytical chemistry

Analytical chemistry studies and uses instruments and methods used to separate, identify, and quantify matter.

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ANOVA gauge R&R

ANOVA gauge repeatability and reproducibility is a measurement systems analysis technique that uses an analysis of variance (ANOVA) random effects model to assess a measurement system.

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Approximation error

The approximation error in some data is the discrepancy between an exact value and some approximation to it.

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Assay

An assay is an investigative (analytic) procedure in laboratory medicine, pharmacology, environmental biology and molecular biology for qualitatively assessing or quantitatively measuring the presence, amount, or functional activity of a target entity (the analyte).

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Bias of an estimator

In statistics, the bias (or bias function) of an estimator is the difference between this estimator's expected value and the true value of the parameter being estimated.

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Celsius

The Celsius scale, previously known as the centigrade scale, is a temperature scale used by the International System of Units (SI).

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Confidence interval

In statistics, a confidence interval (CI) is a type of interval estimate, computed from the statistics of the observed data, that might contain the true value of an unknown population parameter.

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Digital image processing

In computer science, Digital image processing is the use of computer algorithms to perform image processing on digital images.

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Dimensionless quantity

In dimensional analysis, a dimensionless quantity is a quantity to which no physical dimension is assigned.

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Economic model

In economics, a model is a theoretical construct representing economic processes by a set of variables and a set of logical and/or quantitative relationships between them.

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Engineering

Engineering is the creative application of science, mathematical methods, and empirical evidence to the innovation, design, construction, operation and maintenance of structures, machines, materials, devices, systems, processes, and organizations.

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Erlang distribution

No description.

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Exponential distribution

No description.

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Fahrenheit

The Fahrenheit scale is a temperature scale based on one proposed in 1724 by Dutch-German-Polish physicist Daniel Gabriel Fahrenheit (1686–1736).

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Fano factor

In statistics, the Fano factor, like the coefficient of variation, is a measure of the dispersion of a probability distribution of a Fano noise.

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Frequency distribution

In statistics, a frequency distribution is a list, table or graph that displays the frequency of various outcomes in a sample.

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Gini coefficient

In economics, the Gini coefficient (sometimes expressed as a Gini ratio or a normalized Gini index) is a measure of statistical dispersion intended to represent the income or wealth distribution of a nation's residents, and is the most commonly used measurement of inequality.

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Hyperexponential distribution

In probability theory, a hyperexponential distribution is a continuous probability distribution whose probability density function of the random variable X is given by where each Yi is an exponentially distributed random variable with rate parameter λi, and pi is the probability that X will take on the form of the exponential distribution with rate λi.

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Income inequality metrics

Income inequality metrics or income distribution metrics are used by social scientists to measure the distribution of income, and economic inequality among the participants in a particular economy, such as that of a specific country or of the world in general.

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Index of dispersion

In probability theory and statistics, the index of dispersion, dispersion index, coefficient of dispersion, relative variance, or variance-to-mean ratio (VMR), like the coefficient of variation, is a normalized measure of the dispersion of a probability distribution: it is a measure used to quantify whether a set of observed occurrences are clustered or dispersed compared to a standard statistical model.

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Interquartile range

In descriptive statistics, the interquartile range (IQR), also called the midspread or middle 50%, or technically H-spread, is a measure of statistical dispersion, being equal to the difference between 75th and 25th percentiles, or between upper and lower quartiles, IQR.

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Intraclass correlation

In statistics, the intraclass correlation, or the intraclass correlation coefficient (ICC), is an inferential statistic that can be used when quantitative measurements are made on units that are organized into groups.

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Kelvin

The Kelvin scale is an absolute thermodynamic temperature scale using as its null point absolute zero, the temperature at which all thermal motion ceases in the classical description of thermodynamics.

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Level of measurement

Level of measurement or scale of measure is a classification that describes the nature of information within the values assigned to variables.

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Log-normal distribution

In probability theory, a log-normal (or lognormal) distribution is a continuous probability distribution of a random variable whose logarithm is normally distributed.

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McKay's approximation for the coefficient of variation

In statistics, McKay's approximation of the coefficient of variation is a statistic based on a sample from a normally distributed population.

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Mean

In mathematics, mean has several different definitions depending on the context.

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Midhinge

In statistics, the midhinge is the average of the first and third quartiles and is thus a measure of location.

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Multiplicative inverse

In mathematics, a multiplicative inverse or reciprocal for a number x, denoted by 1/x or x−1, is a number which when multiplied by x yields the multiplicative identity, 1.

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Natural logarithm

The natural logarithm of a number is its logarithm to the base of the mathematical constant ''e'', where e is an irrational and transcendental number approximately equal to.

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Noncentral t-distribution

As with other probability distributions with noncentrality parameters, the noncentral t-distribution generalizes a probability distribution – Student's ''t''-distribution – using a noncentrality parameter.

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Normal distribution

In probability theory, the normal (or Gaussian or Gauss or Laplace–Gauss) distribution is a very common continuous probability distribution.

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Normalization (statistics)

In statistics and applications of statistics, normalization can have a range of meanings.

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Omega ratio

The Omega ratio is a risk-return performance measure of an investment asset, portfolio, or strategy.

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Physics

Physics (from knowledge of nature, from φύσις phýsis "nature") is the natural science that studies matterAt the start of The Feynman Lectures on Physics, Richard Feynman offers the atomic hypothesis as the single most prolific scientific concept: "If, in some cataclysm, all scientific knowledge were to be destroyed one sentence what statement would contain the most information in the fewest words? I believe it is that all things are made up of atoms – little particles that move around in perpetual motion, attracting each other when they are a little distance apart, but repelling upon being squeezed into one another..." and its motion and behavior through space and time and that studies the related entities of energy and force."Physical science is that department of knowledge which relates to the order of nature, or, in other words, to the regular succession of events." Physics is one of the most fundamental scientific disciplines, and its main goal is to understand how the universe behaves."Physics is one of the most fundamental of the sciences. Scientists of all disciplines use the ideas of physics, including chemists who study the structure of molecules, paleontologists who try to reconstruct how dinosaurs walked, and climatologists who study how human activities affect the atmosphere and oceans. Physics is also the foundation of all engineering and technology. No engineer could design a flat-screen TV, an interplanetary spacecraft, or even a better mousetrap without first understanding the basic laws of physics. (...) You will come to see physics as a towering achievement of the human intellect in its quest to understand our world and ourselves."Physics is an experimental science. Physicists observe the phenomena of nature and try to find patterns that relate these phenomena.""Physics is the study of your world and the world and universe around you." Physics is one of the oldest academic disciplines and, through its inclusion of astronomy, perhaps the oldest. Over the last two millennia, physics, chemistry, biology, and certain branches of mathematics were a part of natural philosophy, but during the scientific revolution in the 17th century, these natural sciences emerged as unique research endeavors in their own right. Physics intersects with many interdisciplinary areas of research, such as biophysics and quantum chemistry, and the boundaries of physics are not rigidly defined. New ideas in physics often explain the fundamental mechanisms studied by other sciences and suggest new avenues of research in academic disciplines such as mathematics and philosophy. Advances in physics often enable advances in new technologies. For example, advances in the understanding of electromagnetism and nuclear physics led directly to the development of new products that have dramatically transformed modern-day society, such as television, computers, domestic appliances, and nuclear weapons; advances in thermodynamics led to the development of industrialization; and advances in mechanics inspired the development of calculus.

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Probability distribution

In probability theory and statistics, a probability distribution is a mathematical function that provides the probabilities of occurrence of different possible outcomes in an experiment.

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Probability theory

Probability theory is the branch of mathematics concerned with probability.

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Quartile coefficient of dispersion

In statistics, the quartile coefficient of dispersion is a descriptive statistic which measures dispersion and which is used to make comparisons within and between data sets.

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Queueing theory

Queueing theory is the mathematical study of waiting lines, or queues.

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R (programming language)

R is a programming language and free software environment for statistical computing and graphics that is supported by the R Foundation for Statistical Computing.

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Rankine scale

The Rankine scale is an absolute scale of thermodynamic temperature named after the Glasgow University engineer and physicist William John Macquorn Rankine, who proposed it in 1859.

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Reliability engineering

Reliability engineering is a sub-discipline of systems engineering that emphasizes dependability in the lifecycle management of a product.

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Renewal theory

Renewal theory is the branch of probability theory that generalizes Poisson processes for arbitrary holding times.

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Root-mean-square deviation

The root-mean-square deviation (RMSD) or root-mean-square error (RMSE) (or sometimes root-mean-squared error) is a frequently used measure of the differences between values (sample or population values) predicted by a model or an estimator and the values observed.

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Sample size determination

Sample size determination is the act of choosing the number of observations or replicates to include in a statistical sample.

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Sampling (statistics)

In statistics, quality assurance, and survey methodology, sampling is the selection of a subset (a statistical sample) of individuals from within a statistical population to estimate characteristics of the whole population.

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Security (finance)

A security is a tradable financial asset.

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Signal processing

Signal processing concerns the analysis, synthesis, and modification of signals, which are broadly defined as functions conveying "information about the behavior or attributes of some phenomenon", such as sound, images, and biological measurements.

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Signal-to-noise ratio

Signal-to-noise ratio (abbreviated SNR or S/N) is a measure used in science and engineering that compares the level of a desired signal to the level of background noise.

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Signal-to-noise ratio (imaging)

The signal-to-noise ratio (SNR) is used in imaging as a physical measure of the sensitivity of a (digital or film) imaging system.

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Skewness

In probability theory and statistics, skewness is a measure of the asymmetry of the probability distribution of a real-valued random variable about its mean.

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Standard deviation

In statistics, the standard deviation (SD, also represented by the Greek letter sigma σ or the Latin letter s) is a measure that is used to quantify the amount of variation or dispersion of a set of data values.

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Standard score

In statistics, the standard score is the signed number of standard deviations by which the value of an observation or data point differs from the mean value of what is being observed or measured.

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Standardized moment

In probability theory and statistics, the standardized moment of a probability distribution is a moment (normally a higher degree central moment) that is normalized.

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Statistical dispersion

In statistics, dispersion (also called variability, scatter, or spread) is the extent to which a distribution is stretched or squeezed.

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Statistical hypothesis testing

A statistical hypothesis, sometimes called confirmatory data analysis, is a hypothesis that is testable on the basis of observing a process that is modeled via a set of random variables.

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Statistics

Statistics is a branch of mathematics dealing with the collection, analysis, interpretation, presentation, and organization of data.

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Volatility (finance)

In finance, volatility (symbol σ) is the degree of variation of a trading price series over time as measured by the standard deviation of logarithmic returns.

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Coefficient of Variance, Coefficient of Variation, Coefficient of variability, Coefficient of variance, Percent standard deviation, Relative spread, Relative standard deviation, Standard deviation percentage, Standard deviation/mean, Unitized risk, Variation coefficient.

References

[1] https://en.wikipedia.org/wiki/Coefficient_of_variation

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