The relative variability calculation is popularly used in engineering, physics, chemical industries etc. Step 3: calculate coefficient of variance The below solved example with step by step calculation illustrates how the values are being used in the formulas to calculate the coefficient of variance.Ĭalculate the relative variability (coefficient of variance) for the samples 60.25, 62.38, 65.32, 61.41, and 63.23 of a population
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