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The coefficient of variation (CV) is defined as the ratio of the standard deviation to the mean , =. [1] It shows the extent of variability in relation to the mean of the population. The coefficient of variation should be computed only for data measured on scales that have a meaningful zero ( ratio scale ) and hence allow relative comparison of ...
The flow coefficient of a device is a relative measure of its efficiency at allowing fluid flow. It describes the relationship between the pressure drop across an orifice valve or other assembly and the corresponding flow rate. Mathematically the flow coefficient C v (or flow-capacity rating of valve) can be expressed as
In thermal physics and thermodynamics, the heat capacity ratio, also known as the adiabatic index, the ratio of specific heats, or Laplace's coefficient, is the ratio of the heat capacity at constant pressure (C P) to heat capacity at constant volume (C V).
There are many different standards and types of horsepower. Two common definitions used today are the imperial horsepower as in "hp" or "bhp" which is about 745.7 watts, and the metric horsepower as in "cv" or "PS" which is approximately 735.5 watts. The electric horsepower "hpE" is exactly 746 watts, while the boiler horsepower is 9809.5 or ...
In probability theory and statistics, the Weibull distribution / ˈ w aɪ b ʊ l / is a continuous probability distribution.It models a broad range of random variables, largely in the nature of a time to failure or time between events.
In statistics, pooled variance (also known as combined variance, composite variance, or overall variance, and written ) is a method for estimating variance of several different populations when the mean of each population may be different, but one may assume that the variance of each population is the same.
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Coefficient of variation (CV) used as a measure of income inequality is conducted by dividing the standard deviation of the income (square root of the variance of the incomes) by the mean of income. Coefficient of variation will be therefore lower in countries with smaller standard deviations implying more equal income distribution.