The coefficient of variation for sales. Introduction: Coefficient of variation ( CoV ): The ratio of standard deviation to mean, which shows the extent of variability of the data in relation to the mean of the population, is termed as coefficient of variation.

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Chapter 13, Problem 5P

Summary Introduction

To calculate: The coefficient of variation for sales.

Introduction:

Coefficient of variation (CoV):

The ratio of standard deviation to mean, which shows the extent of variability of the data in relation to the mean of the population, is termed as coefficient of variation.

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