coefficient of variation

noun

1. 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.

From Wall Street Journal

That said, the inherently volatile nature of revenues for the business is evident from the fact that the coefficient of variation is more than 30% for the five banks put together.

From Forbes

To put things in perspective, the coefficient of variation for these banks’ equity trading revenues over the same period was 13% – indicating that the fixed-income trading business has been least twice as volatile as equities trading by this measure.

From Forbes

We took the threshold as a standardized Z-score of 0.2 above the mean based on the estimated level of noise in the 127 significant genes as quantified by the coefficient of variation for each cancer type.

From Nature

Analytical performance of the omics assay under the proposed SOPs must be documented and found to be acceptable in terms of metrics such as accuracy, precision, coefficient of variation, sensitivity, specificity, linear range, limit of detection, and limit of quantification, as applicable.

From Nature