Percentage from Standard Deviation Formula:
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The percentage from standard deviation (also called coefficient of variation) is a measure of relative variability. It shows the extent of variability in relation to the mean of the population.
The calculator uses the formula:
Where:
Explanation: This calculation expresses the standard deviation as a percentage of the mean, allowing comparison between datasets with different units or widely different means.
Details: This percentage helps compare the degree of variation from one data series to another, even if the means are drastically different from one another.
Tips: Enter standard deviation and mean values in the same units. Both values must be positive numbers.
Q1: What does a high percentage indicate?
A: A high percentage indicates greater variability relative to the mean, suggesting more dispersion in the data.
Q2: What's considered a "good" percentage?
A: This depends on the context. In manufacturing, lower percentages (under 10%) often indicate better quality control.
Q3: Can the percentage exceed 100%?
A: Yes, if the standard deviation is larger than the mean, the percentage will exceed 100%.
Q4: When shouldn't I use this calculation?
A: When the mean is close to zero, this percentage becomes unstable and less meaningful.
Q5: How does this differ from standard deviation alone?
A: Standard deviation alone is an absolute measure, while this percentage provides a relative measure that's comparable across different scales.