Coefficient of Variation
Computing mean, variance and standard deviation
July 9, 2019NPV, standard deviation, and coefficient of variation
July 9, 2019Attached are the bowling scores for 7 games. The average for Monday games is 185 and the average for Thursday games is 170. Do you suppose that this person necessarily bowls better on Monday nights than on Thursday nights? Why or why not?
Monday Night Thursday Night
Average 185 170
Standard Deviation (SD) …
The solution gives the step by step calculation of coefficient of variation. Interpretation of the results are also given.
