%CV Formula:
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The coefficient of variation (%CV) is a standardized measure of dispersion of a probability distribution or frequency distribution. It shows the extent of variability in relation to the mean of the population.
The calculator uses the %CV formula:
Where:
Explanation: The %CV expresses the standard deviation as a percentage of the mean, allowing comparison between datasets with different units or widely different means.
Details: %CV is widely used in analytical chemistry, quality control, and laboratory medicine to assess the precision of an assay or measurement method.
Tips: Enter standard deviation and mean values in the same units. Both values must be positive (mean must be greater than zero).
Q1: What is a good %CV value?
A: In analytical chemistry, %CV < 5% is generally considered excellent, < 10% is acceptable for most applications, while > 20% is usually unacceptable.
Q2: How is %CV different from standard deviation?
A: Standard deviation is in the units of measurement, while %CV is dimensionless, allowing comparison between different measurement scales.
Q3: When should %CV not be used?
A: %CV should not be used when the mean is close to zero, as it can produce misleadingly high values. It's also less meaningful for interval scales that don't have a true zero.
Q4: Can %CV be negative?
A: No, %CV is always positive since standard deviation is always positive and mean is positive in this calculation.
Q5: How is %CV used in quality control?
A: It's used to monitor the precision of repeated measurements over time, with control limits often set based on historical %CV values.