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The coefficient of variation should be computed only for data measured on a ratio scale, as the coefficient of variation may not have any meaning for data on an interval scale. Using relative values instead of absolute values can cause the formula to give an incorrect answer.

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Q: Is it possible to calculate the coefficient of variation using relative values instead of absolute values?
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Related questions

Is it possible for a coefficient of variation to be negative?

Of course it is! If the mean of a set of data is negative, then the coefficient of variation will be negative.


Is it possible for a coefficient of variation to be negative Explain.?

Of course it is! If the mean of a set of data is negative, then the coefficient of variation will be negative.


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A correlation coefficient can only range from -1.0 to 1.0 so a 50 is not possible. Did you mean .5?


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