What is meant by coefficient of variation? How will you calculate it in case of a discreate series?

What is meant by coefficient of variation? How will you calculate it i

1.	What is meant by coefficient of variation? How will you calculate it in case of a discreate series?
Answer» <html><body><p></p>Solution :<a href="https://interviewquestions.tuteehub.com/tag/coefficient-920926" style="font-weight:bold;" target="_blank" title="Click to know more about COEFFICIENT">COEFFICIENT</a> of variation is the <a href="https://interviewquestions.tuteehub.com/tag/percentage-13406" style="font-weight:bold;" target="_blank" title="Click to know more about PERCENTAGE">PERCENTAGE</a> variation in the mean, the standard deviation being considered as the <a href="https://interviewquestions.tuteehub.com/tag/total-711110" style="font-weight:bold;" target="_blank" title="Click to know more about TOTAL">TOTAL</a> variation in the mean.<br/>CV = (`sigma`/`<a href="https://interviewquestions.tuteehub.com/tag/barx-2461082" style="font-weight:bold;" target="_blank" title="Click to know more about BARX">BARX</a>`) <a href="https://interviewquestions.tuteehub.com/tag/x-746616" style="font-weight:bold;" target="_blank" title="Click to know more about X">X</a> 100</body></html>