How to use it
- Paste or type your values.
- Choose sample or population.
- Read the CV as a percentage, along with the mean and the standard deviation behind it.
How it works
CV = standard deviation / |mean|. The standard deviation uses a two-pass calculation (mean first, then squared deviations), which stays accurate for large values.
Worked example
Values 2, 4, 4, 4, 5, 5, 7, 9 have mean 5 and a sum of squared deviations of 32.
- Population: σ = √(32 / 8) = 2, so CV = 2 / 5 = 40%
- Sample: s = √(32 / 7) ≈ 2.138, so CV ≈ 42.76%
Tips
- A lower CV means the values sit closer to their mean, relative to its size.
- Do not use it for data such as temperatures in °C, where zero is arbitrary.