Thank you for this video. Perfect! Is there a way to calculate CoV (Coefficient of Variation) by calculator keystrokes? If so, can you include a video of this process as well?
Hi Trey! I'm glad to hear that you found the video useful. I think the simplest way to calculate the CoV is just to go a step further from this video by using yellow second function>8 >/yellow second function>7. This follows the formula for CoV which is standard deviation /mean. I will put up a video for this as well, thanks.
Hi Tinyiko! The algebraic mode uses BODMAS approach while the chain method uses left to right calculations. For purposes of calculating sigma, there’s no difference between the two. However, if you’re going to use the standard deviation onwards, remember the ALG mode observes the order of operators and in that way, your financial calculator behaves like a scientific one.