Definition:Coefficient of Variation/Historical Note
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Historical Note on Coefficient of Variation
The concept of the coefficient of variation was proposed by Karl Pearson as a means of comparing variability in different probability distributions.
It can be a useful coefficient, but suffers from sensitivity to changes in sample mean and so is considered crude.
Sources
- 1998: David Nelson: The Penguin Dictionary of Mathematics (2nd ed.) ... (previous) ... (next): variation, coefficient of
- 2008: David Nelson: The Penguin Dictionary of Mathematics (4th ed.) ... (previous) ... (next): variation, coefficient of