CoefVar: Coefficient of Variation

In wINEQ: Inequality Measures for Weighted Data

Coefficient of Variation

Description

Computes Coefficient of Variation inequality measure of a given variable taking into account weights.

Usage

CoefVar(X, W = rep(1, length(X)), square = FALSE)

Arguments

X	is a data vector
W	is a vector of weights
square	logical, argument of the function CoefVar, for details see below

Details

Coefficient of variation is given by:

CV= \frac{\sigma}{\mu}\times 100

where \sigma is a standard deviation and \mu is arithmetic mean.

Value

The value of CoefVar coefficient.

References

Sheret M.: (1984) Social Indicators Research, An International and Interdisciplinary Journal for Quality-of-Life Measurement, Vol. 15, No. 3, Oct. ISSN 03038300

Coulter P. B.: (1989) Measuring Inequality ISBN 0-8133-7726-9

Examples

# Compare weighted and unweighted result
X=1:10
W=1:10
CoefVar(X)
CoefVar(X,W)

data(Tourism)
#Coefficient of variation for Total expenditure with sample weights
X=Tourism$`Total expenditure`
W=Tourism$`Sample weight`
CoefVar(X,W)

wINEQ documentation built on April 21, 2023, 5:06 p.m.