STANDARD DEVIATION (SD) AND COEFFICIENT OF VARIATION (CV)

Introduction

Standard Deviation (S.D.) and Coefficient of Variation (C.V.) are statistical measures used to assess data variability. S.D. measured the dispersion of data points around the mean, while C.V. expresses S.D. as a percentage of the mean, allowing comparison across different datasets.

Standard Deviation (S.D.)

  • Standard Deviation measures how much individual values in a dataset vary from the mean (average).
  • A low S.D. means data points are close to the mean, while a high S.D. indicates they are spread out.
  • It helps understand the consistency or volatility of a dataset.

Formula:


where:

 X = Individaul data points

 X̄ = Mean of dataset

 N = Number of observations

 

Coefficient of Variation (C.V.):

C.V. is the ratio of the Standard Deviation to the Mean, expressed as a percentage.

  • It is useful for comparing the variability of datasets with different units or scales. 
  • higher C.V. means more relative variation, while a lower C.V. indicates more consistency.

Formula:

 Where:

σ = Standard deviation (S.D.)

µ = Mean 

 Practical Example

Q1. What is the primary source of income for your household.

a.    Agriculture. b. Business. C. Employment

Q2. What farming techniques do you use.

a. Traditional farming methods. b. Mechanized farming. c. Organic farming. d. Precision farming.

Here, we have X and Y.

X is use for Question 1 and Y is use for Question 2

X: 1, 1, 2, 2, 2, 1, 1, 1, 1, 2, 3, 1, 1, 3, 2, 3, 2, 3, 1, 3

Y: 1, 2, 1, 1, 2, 2, 3, 1, 1, 1, 1, 2, 2, 1, 1, 1, 2, 4, 1, 1

 For X datasets

X: 1,1,2,2,2,1,1,1,1,2,3,1,1,3,2,3,2,3,1,3

n = 20

Mean(x)

1+1+1+1+1+1+1+1+1+2+2+2+2+2+2+3+3+3+3+3 = 36/20 =1.8

S.D. = (X)

Value (X)

Deviation (X-X̄), X̄=1.8

Square of deviation (X-X̄)2

1

-0.8

0.64

1

-0.8

0.64

2

0.2

0.04

2

0.2

0.04

2

0.2

0.04

1

-0.8

0.64

1

-0.8

0.64

1

-0.8

0.64

1

-0.8

0.64

2

0.2

0.04

3

1.2

1.44

1

-0.8

0.64

1

-0.8

0.64

3

1.2

1.44

2

0.2

0.04

3

1.2

1.44

2

0.2

0.04

3

1.2

1.44

1

-0.8

0.64

3

1.2

1.44

 

 Total

=13.2

 

Therefore,

0.64+0.64+0.64+0.64+0.64+0.64+0.64+0.64+0.64+0.04+0.04+0.04+0.04+0.04+0.04+1.44+1.44+1.44+1.44+1.44

=13.2

S.D. = 13.2/20

= √0.66

S.D. = 0.66 = 0.81

Coefficient of variation

C.V. = (σ /X)100 

C.V. = (0.81/1.8)100

C.V. = 45%

 

For Y datasets

 Y: 1, 2, 1, 1, 2, 2, 3, 1, 1, 1, 1, 2, 2, 1, 1, 1, 2, 4, 1, 1

n = 20

Mean(x)

1+1+1+1+1+1+1+1+1+1+1+1+2+2+2+2+2+2+3+4 = 31/20

= 1.55

S.D. = (X)

Value (X)

Deviation (X-X̄), X̄=1.55

Square of deviation (X-X̄)2

1

-0.55

0.3025

2

0.45

0.2025

1

-0.55

0.3025

1

-0.55

0.3025

2

0.45

0.2025

2

0.45

0.2025

3

1.45

2.1025

1

-0.55

0.3025

1

-0.55

0.3025

1

-0.55

0.3025

1

-0.55

0.3025

2

0.45

0.2025

2

0.45

0.2025

1

-0.55

0.3025

1

-0.55

0.3025

1

-0.55

0.3025

2

0.45

0.2025

4

2.45

6.0025

1

-0.55

0.3025

1

-0.55

0.3025

 

Total

12.95

 

Therefore,

03025+03025+03025+03025+03025+03025+03025+03025+03025+03025+03025+03025+0.2025+0.2025+0.2025+0.2025+0.2025+0.2025+2.1025+6.0025

 = 12.95

S.D. = 12.95/20

 = 0.6475

S.D. = 0.6475 = 0.8047

Coefficient of variation

C.V. = (σ /X)100

C.V. = (0.8047/1.55)100

= 51.92%

Data set

Mean

Variance

Sd deviation

C V

X

1.8

0.66

0.81

45

Y

1,55

0.6475

0.8047

51.92


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