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Significance of Coefficient of Variation

The Coefficient of Variation (CV) is a statistical measure that expresses the degree of relative variability in a dataset as a percentage of its mean. It serves as an indicator of precision and reliability in various contexts, including laboratory methods and treatment outcomes. With a CV value typically lower than 6% considered indicative of reliability, it is calculated as the ratio of the standard deviation to the mean, helping to assess the consistency of measurements across different groups.

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The concept of Coefficient of Variation in scientific sources