IS THE SAMPLE COEFFICIENT OF VARIATION A GOOD ESTIMATOR FOR THE POPULATION COEFFICIENT OF VARIATION?

In this paper, we obtain bounds for the population coefficient of variation (CV) in Bernoulli, Discrete Uniform, Normal and Exponential distributions. We also show that the sample coefficient of variation (cv) is not an accurate estimator of the population CV in the above indicated distributions. Finally we provide some suggestions based on the Maximum Likelihood Estimation to improve the population CV estimate.

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Year of publication:	2007-09-07
Authors:	Mahmoudvand, Rahim ; Hassani, Hossein ; Wilson, Rob

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Mahmoudvand, Rahim and Hassani, Hossein and Wilson, Rob (2007): IS THE SAMPLE COEFFICIENT OF VARIATION A GOOD ESTIMATOR FOR THE POPULATION COEFFICIENT OF VARIATION? Published in: World Applied Sciences Journal , Vol. 2, No. 5 (1 September 2007): pp. 519-522.
Classification:	C13 - Estimation ; C02 - Mathematical Methods ; C40 - Econometric and Statistical Methods: Special Topics. General ; C60 - Mathematical Methods and Programming. General
Source:	BASE

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