Quick Answer A “2.5 spread” typically denotes the range or difference between data points or values, depending…
coefficient variation
1 Article with this Tag
**Coefficient Variation**
The coefficient of variation (CV) is a statistical measure that expresses the standard deviation of a data set as a percentage of its mean. It provides a normalized measure of dispersion, allowing for comparison of variability between datasets with different units or widely differing means. Commonly used in fields such as finance, engineering, and research, the coefficient of variation helps assess relative risk, consistency, and reliability in data analysis.