2. What is coefficient of variation?
The coefficient of variation (CV) is a measure of relative variability. It
is the RATIO of the standard deviation to the mean (average)
For example, the expression “The standard deviation is 15% of the
mean” is a CV.
If you are comparing the results from two tests that have different
scoring mechanisms. If sample A has a CV of 12% and sample B has
a CV of 25%, you would say that sample B has more variation,
relative to its mean.
4. Coefficient of Variation Example
A researcher is comparing two multiple-
choice tests with different conditions. In
the first test, a typical multiple-choice
test is administered. In the second test,
alternative choices (i.e. incorrect
answers) are randomly assigned to test
takers. The results from the two tests
are:
Regular test
Test 1
Rando
mized
answers
Test 2
Mean 59.9 44.8
SD 10.2 12.7
5. Calculation using the formula
CV=(SD/Mean)*100
Regular
test
Randomi
zed
answers
Mean 59.9 44.8
SD 10.2 12.7
CV 17.03 28.35
6. Regular test: CV = 17.03
Randomized answers: CV = 28.35
The Coefficient of Variation should only be used to compare
positive data on a RATIO SCALE.
The CV has little or no meaning for measurements on
an INTERVAL SCALE.
Examples of interval scales include temperatures in Celsius
or Fahrenheit, while the Kelvin scale is a ratio scale that
starts at zero and cannot, by definition, take on a negative
value (0 degrees Kelvin is the absence of heat).
8. Find coefficient of variation
Example question: Two versions
of a test are given to students.
One test has pre-set answers and
a second test has randomized
answers. Find the coefficient of
variation.
Regular
Test
Randomize
d Answers
Mean 50.1 45.8
SD 11.2 12.9
9. Step 1: Divide the standard deviation by the mean for the
first sample:
11.2 / 50.1 = 0.22355
Step 2: Multiply Step 1 by 100:
0.22355 * 100 = 22.355%
Step 3: Divide the standard deviation by the mean for the
second sample:
12.9 / 45.8 = 0.28166
Step 4: Multiply Step 3 by 100:
0.28166 * 100 = 28.266%
10. Standard error of mean
The standard error (SE) of a statistic is the approximate
standard deviation of a statistical sample population.
The standard error is a statistical term that measures the
accuracy with which a sample distribution represents a
population by using standard deviation.
In statistics, a sample mean deviates from the actual
mean of a population—this deviation is the standard
error of the mean.
11. The standard deviation (SD) measures the amount of
variability, or dispersion, from the individual data values to
the mean, while the standard error of the mean (SEM)
measures how far the sample mean of the data is likely to be
from the true population mean.
The SEM is always smaller than the SD.
As the size of the sample data grows larger, the SEM
decreases versus the SD; hence, as the sample size
increases, the sample mean estimates the true mean of the
population with greater precision.
Editor's Notes
#6:Ratio scale- continuous and discrete quantitative numbers, In kelvin scale no measurement below 0- absolute zero.