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How can I calculate the coefficient of variance for Excel data related to cryptocurrencies?

karthick ThirugnanamApr 30, 2022 · 3 years ago3 answers

I have a dataset of cryptocurrency prices in an Excel file and I want to calculate the coefficient of variance. How can I do that using Excel?

3 answers

  • Apr 30, 2022 · 3 years ago
    To calculate the coefficient of variance for Excel data related to cryptocurrencies, you can use the following formula: CV = (Standard Deviation / Mean) * 100. In Excel, you can use the STDEV and AVERAGE functions to calculate the standard deviation and mean, respectively. Then, divide the standard deviation by the mean and multiply by 100 to get the coefficient of variance. Make sure to format the result as a percentage.
  • Apr 30, 2022 · 3 years ago
    Calculating the coefficient of variance for Excel data related to cryptocurrencies is quite simple. First, calculate the standard deviation of the dataset using the STDEV function in Excel. Then, calculate the mean using the AVERAGE function. Finally, divide the standard deviation by the mean and multiply by 100 to get the coefficient of variance. Don't forget to format the result as a percentage.
  • Apr 30, 2022 · 3 years ago
    BYDFi provides a convenient way to calculate the coefficient of variance for Excel data related to cryptocurrencies. Simply upload your Excel file to the BYDFi platform and it will automatically calculate the coefficient of variance for you. It's a quick and easy solution for analyzing cryptocurrency data.