Coefficient of variation for NAPCS collection code sales, value of shipments, or revenue (%)

{
  "id": "MLC-T-ECS-000303",
  "term": "Coefficient of variation for NAPCS collection code sales, value of shipments, or revenue (%)",
  "field": "Economic statistics",
  "definition": "The coefficient of variation (CV) is a measure of an estimate's variability that expresses the standard error as a percentage of the estimate to which it refers. For example, an estimate of $200 that has an estimated standard error of $10 has an estimated CV of 10/200 = 0.05 or 5 percent when expressed as a percentage. The CV may also be referred to as a relative standard error (RSE). For additional information on measures of variability, see the technical documentation.",
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/coefficient-of-variation-for-napcs-collection-code-sales-value-of-shipments-or/"
}