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coefficient of variation
noun
- statistics a measure of the relative variation of distribution independent of the units of measurement; the standard deviation divided by the mean, sometimes expressed as a percentage
Example Sentences
Theranos’s written protocols required the coefficient of variation “to be not more than 15%,” according to the inspection report.
That said, the inherently volatile nature of revenues for the business is evident from the fact that the coefficient of variation is almost 23% for the five banks put together.
To put things in perspective, the coefficient of variation for these banks’ equity trading revenues over the same period was under 11% – indicating that the fixed-income trading business is almost twice as volatile as equities trading by this measure.
That said, the inherently volatile nature of revenues for the business is evident from the fact that the coefficient of variation is almost 23% for the five banks put together.
To put things in perspective, the coefficient of variation for these banks’ equity trading revenues over the same period was under 11% – indicating that the fixed-income trading business is almost twice as volatile as equities trading by this measure.
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