What Does COV Stand For?
COV stands for Coefficient Of Variation
COV, or Coefficient Of Variation, is a statistical measure that quantifies the relative variability of a dataset. It is calculated as the ratio of the standard deviation to the mean, expressed as a percentage. COV is useful for comparing the degree of variation between different datasets, regardless of their units or scales, providing insights into the consistency and reliability of the data.
Added on 14th April 2008 | Last edited on 17th June 2025 | Edit Acronym