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Stabilization Coefficient of Random Variable
Author(s) -
Liu ChuiYu,
Zheng ZhangYuan
Publication year - 1989
Publication title -
biometrical journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.108
H-Index - 63
eISSN - 1521-4036
pISSN - 0323-3847
DOI - 10.1002/bimj.4710310404
Subject(s) - standard deviation , mathematics , coefficient of variation , estimator , statistics , variance (accounting) , accounting , business
Coefficient of variation, standard deviation divided by mean, has some essential defects. Its density, expectation and variance are too complex to make the statistical inference for such a coefficient. The definition of stabilization coefficient is just the reciprocal of variation coefficient, mean divided by standard deviation. Such a coefficient has a simple expectation and a simple variance, and is an asymptotically unbiased estimator and a consistent estimator of its true value. Furthermore, coefficient of stabilization has an asymptotic normality. Due to its statistical advantages, coefficient of stabilization is easy to be tested statistically. In some applied fields, usually, there is an increasing standard deviation accompanying an increasing mean. Coefficient of stabilization can be practically used for some comparison studies in such fields. Illustrations about comparing microorganism strains are given in this paper. The robustness of stabilization coefficient is satisfactory.