What is the difference between standard deviation and coefficient of variance?

What is the difference between standard deviation and coefficient of variance?

If you know nothing about the data other than the mean, one way to interpret the relative magnitude of the standard deviation is to divide it by the mean. This is called the coefficient of variation. For example, if the mean is 80 and standard deviation is 12, the cv = 12/80 = .

How do you know if standard deviation is high?

Low standard deviation means data are clustered around the mean, and high standard deviation indicates data are more spread out. A standard deviation close to zero indicates that data points are close to the mean, whereas a high or low standard deviation indicates data points are respectively above or below the mean.

How do you compare mean and standard deviation?

Standard deviation is an important measure of spread or dispersion. It tells us how far, on average the results are from the mean. Therefore if the standard deviation is small, then this tells us that the results are close to the mean, whereas if the standard deviation is large, then the results are more spread out.

What is the mean test score?

What is the mean test score? Answer: The mean test score is 85. Definition: The arithmetic mean of a set of data is found by taking the sum of the data, and then dividing the sum by the total number of values in the set. A mean is commonly referred to as an average.

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