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Although the standard deviation can describe the spread of the values
relative to each other in a set, it cannot be used to compare two different
distributions. A better measure is the coefficient of variation which is the
percentage of the standard deviation to the mean.
s
CV = 100
x
Example:
Two Statistics classes A and B were given the same examination. The
students in A averaged 45.6 with a standard deviation of 10.2 while class B had a
mean of 40 with a standard deviation of 8.6. Which class performed better?
10.2
CV A= ( 100 ) =22.37
45.6
8.6
CV B= ( 100 )=21.50
40