Coefficient of Variation (COV) with Examples | Measures of Dispersion

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  • Опубликовано: 1 окт 2024

Комментарии • 5

  • @learnandapply
    @learnandapply  Год назад +2

    To learn Lean Six Sigma most Effectively and Practically, please visit vijaysabale.co/lssgb

  • @TheSpellchecker101
    @TheSpellchecker101 Год назад +1

    Was looking forward to the cricket example... but I don't know if cricket scores are the best numbers for COV... as what the COV suggests is that they are not very consistent because they have such a high COV. And from a statistical sense their scores will not be very consistent, in fact they will be a myriad of values between 0 and 400 and 0 and 248 respectively!

    • @learnandapply
      @learnandapply  Год назад

      Hi Scott, thank you for your valuable comments. Yes, you can say that. Here, the intention is to show how you can use this concept.

  • @nazrinpsn
    @nazrinpsn Год назад +1

    The COV is a useful metric for comparing the variability of different data sets. #deeplearner #learnandapply #successfulcareerhub

    • @learnandapply
      @learnandapply  Год назад +1

      Thank you Mohamad for your deep learning comment and appreciate your active learning. 🙏😊