Coefficient of variation for ungrouped data

Coefficient of variation is an absolute measure of variation and is used for the comparison of variability between two or more frequency distribution.

Let $x_i, i=1,2, \cdots , n$ be $n$ observations.

Formula

Coefficient of variation is given by

$CV =\dfrac{s_x}{\overline{x}}\times 100$

where,

• $\overline{x} =\dfrac{1}{n}\sum_{i=1}^{n}x_i$ is the sample mean of $X$,
• $n$ total number of observations,
• $s_x=\sqrt{V(x)}$ is the sample standard deviation of $X$,
• $s_x^2=V(x)=\dfrac{1}{n-1}\bigg(\sum_{i=1}^{n}x_i^2 -\dfrac{\big(\sum_{i=1}^n x_i\big)^2}{n}\bigg)$ is the sample variance of $X$