CV = s/mean A) 2000/120000 = .016 B) 10000/900000 = .011 So sample A has more variation The CV is particularly useful when you want to compare results from two different surveys or tests that have different measures or values. For example, if you are comparing the results from two tests that have different scoring mechanisms. If sample A has a CV of 12% and sample B has a CV of 25%, you would say that sample B has more variation, relative to its mean.(Copied)
Coefficient of variation shows you the degree at which the data varies. It is CV=100 times stdev/mean. In this case nh1 CV is 1.667 and nh2 CV is 1.111. This means nh1 has a great degree of deviation.
@@cottonbrad He has used the correct formula he has just written it in words. So he written it as 100 times Stdev/mean You are saying it as CV= SD/MEAN *100 which also means the same.
Hi, great video. Unfortunately it didn't address my problem. I have computed several std of the same variable for different samples. So I have one std per sample. How could I compare them and determine whether they are statistically different? Or that they differ up to a percentage? Thank you!
CLICKBAITTTTT The title says what is Coefficient of Variance, you have said everything except anything related to the title of the video. I get it you are trying to sell your DvDs but when someone reads the title and wastes his 5 mins around the exam corner, that person will just swear at you for wasting his time. Btw the formula is CV= standard Deviation\mean * 100
CV = s/mean
A) 2000/120000 = .016
B) 10000/900000 = .011
So sample A has more variation
The CV is particularly useful when you want to compare results from two different surveys or tests that have different measures or values. For example, if you are comparing the results from two tests that have different scoring mechanisms. If sample A has a CV of 12% and sample B has a CV of 25%, you would say that sample B has more variation, relative to its mean.(Copied)
Thank you very much man , i think you completed the video and gave the main idea . 👌👍
CV= (s/mean) x 100
I was here to find out about Coefficient of Variation but you gave me a new understanding of standard deviation
As incomplete as it may be, I still believe the man made some sense of this
I gained something from the video.
Coefficient of variation shows you the degree at which the data varies. It is CV=100 times stdev/mean.
In this case nh1 CV is 1.667 and nh2 CV is 1.111. This means nh1 has a great degree of deviation.
Your answer is correct, but your formula is wrong. CV=(Std dev/mean)*100.
@@cottonbrad He has used the correct formula he has just written it in words.
So he written it as 100 times Stdev/mean
You are saying it as CV= SD/MEAN *100 which also means the same.
Coefficient of variation for :
N.H # 1: CV= S.D/Mean * 100
therefore CV = 2,000/120000*100
= 1.67
N.H # 2: CV = 10,000/900,000*100
=1.11
Therefore, N.H#1 has more spread as compared to N.H#2
The video is incomplete. Can we get the complete video?
Yessss, the example I am looking for. Thank you very much
Hi, great video. Unfortunately it didn't address my problem. I have computed several std of the same variable for different samples. So I have one std per sample. How could I compare them and determine whether they are statistically different? Or that they differ up to a percentage? Thank you!
Please be my professor ! I am about to fail this class due to the lack of appropriate wording and detailed explanation
wow you didnt give me most of the goods daddy
CLICKBAITTTTT
The title says what is Coefficient of Variance, you have said everything except anything related to the title of the video. I get it you are trying to sell your DvDs but when someone reads the title and wastes his 5 mins around the exam corner, that person will just swear at you for wasting his time.
Btw the formula is CV= standard Deviation\mean * 100
The video cuts off...
Chennai
Thankyou.
You are from which country and state??
i wish you had put complete videos. You could have benefitted more by youtube earnings.
I am getting the percentage in high in NH1.
Awesome ...many thanks
Amit
clickbait :(
Mxxxxxm I Still don't understand this and this video is incomplete
Lol where in South africa are you from
You didn’t finish the explanation 😮
The complete one is here:
th-cam.com/video/Lz9qTUzTp28/w-d-xo.html
Please change the video title kind Sir
Which is WHAT! 😢😢
Full video at:
th-cam.com/video/Lz9qTUzTp28/w-d-xo.html
Complete Video th-cam.com/video/Lz9qTUzTp28/w-d-xo.html
they deliberately did this so that you can buy their course. Dislike.
tsk tsk tsk disliked