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Coefficient of variation. In probability theory and statistics, the coefficient of variation ( CV ), also known as normalized root-mean-square deviation (NRMSD), percent RMS, and relative standard deviation ( RSD ), is a standardized measure of dispersion of a probability distribution or frequency distribution.
In fluid dynamics, normalized root mean square deviation (NRMSD), coefficient of variation (CV), and percent RMS are used to quantify the uniformity of flow behavior such as velocity profile, temperature distribution, or gas species concentration. The value is compared to industry standards to optimize the design of flow and thermal equipment ...
In statistics, the coefficient of determination, denoted R2 or r2 and pronounced "R squared", is the proportion of the variation in the dependent variable that is predictable from the independent variable (s).
In probability theory and statistics, the index of dispersion, dispersion index, coefficient of dispersion, relative variance, or variance-to-mean ratio (VMR), like the coefficient of variation, is a normalized measure of the dispersion of a probability distribution: it is a measure used to quantify whether a set of observed occurrences are clustered or dispersed compared to a standard ...
Variation varies between 0 and 1. Variation is 0 if and only if all cases belong to a single category. Variation is 1 if and only if cases are evenly divided across all categories. [1] In particular, the value of these standardized indices does not depend on the number of categories or number of samples.
In statistics, dispersion (also called variability, scatter, or spread) is the extent to which a distribution is stretched or squeezed. [1] Common examples of measures of statistical dispersion are the variance, standard deviation, and interquartile range. For instance, when the variance of data in a set is large, the data is widely scattered.
Heritability is a statistic used in the fields of breeding and genetics that estimates the degree of variation in a phenotypic trait in a population that is due to genetic variation between individuals in that population. [1] The concept of heritability can be expressed in the form of the following question: "What is the proportion of the ...
Kingman's formula. In queueing theory, a discipline within the mathematical theory of probability, Kingman's formula, also known as the VUT equation, is an approximation for the mean waiting time in a G/G/1 queue. [1] The formula is the product of three terms which depend on utilization (U), variability (V) and service time (T).
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