An almost unbiased estimator of the coefficient of variation

Robert Breunig

doi:10.1016/S0165-1765(00)00351-7

An almost unbiased estimator of the coefficient of variation

Robert Breunig^*

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

47 Citations (Scopus)

Abstract

A bias correction method for inequality measures is proposed. The coefficient of variation squared (CV²) is used as an example and its sampling properties, bias, and mean squared error are provided. CV² is shown to be downward biased for positively skewed distributions. A bias corrected estimator is provided.

Original language	English
Pages (from-to)	15-19
Number of pages	5
Journal	Economics Letters
Volume	70
Issue number	1
DOIs	https://doi.org/10.1016/S0165-1765(00)00351-7
Publication status	Published - Jan 2001

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title = "An almost unbiased estimator of the coefficient of variation",

abstract = "A bias correction method for inequality measures is proposed. The coefficient of variation squared (CV2) is used as an example and its sampling properties, bias, and mean squared error are provided. CV2 is shown to be downward biased for positively skewed distributions. A bias corrected estimator is provided.",

keywords = "C13, Coefficient of variation, D31, Inequality measurement, Small sample bias correction",

author = "Robert Breunig",

year = "2001",

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KW - Coefficient of variation

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KW - Small sample bias correction

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An almost unbiased estimator of the coefficient of variation

Abstract

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