2013
DOI: 10.1371/journal.pone.0084074
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Quantifying Proportional Variability

Abstract: Real quantities can undergo such a wide variety of dynamics that the mean is often a meaningless reference point for measuring variability. Despite their widespread application, techniques like the Coefficient of Variation are not truly proportional and exhibit pathological properties. The non-parametric measure Proportional Variability (PV) [1] resolves these issues and provides a robust way to summarize and compare variation in quantities exhibiting diverse dynamical behaviour. Instead of being based on devi… Show more

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Cited by 19 publications
(21 citation statements)
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“…differs from the original one written in Heath () because there was a mistake calculating the number of combinations (an unnecessary factorial), further corrected in Rouyer et al. () and Heath and Borowski (). It is, therefore, an index restricted to values between 0 (minimum) and 1 (maximum variability, only achieved when time series are of length 2 and one of its values is 0).…”
Section: Introductionmentioning
confidence: 99%
“…differs from the original one written in Heath () because there was a mistake calculating the number of combinations (an unnecessary factorial), further corrected in Rouyer et al. () and Heath and Borowski (). It is, therefore, an index restricted to values between 0 (minimum) and 1 (maximum variability, only achieved when time series are of length 2 and one of its values is 0).…”
Section: Introductionmentioning
confidence: 99%
“… Properties of the indices are based on (Fernández‐Martínez et al., 2018; Heath, 2006; Heath & Borowski, 2013) and our results. …”
Section: Temporal Variability: Why We Need Alternative Measures To CVmentioning
confidence: 51%
“…The use of CV as a measure of temporal variability has been debated for decades in various fields of science and even in masting literature itself (Crone et al., 2011; Fernández‐Martínez et al., 2018; Heath, 2006; Martín‐Vide, 1986; McArdle & Gaston, 1995; Mcardle et al., 1990). Computer simulations and heterogeneous data sets have recently been used to test the response of CV under different conditions (Fernández‐Martínez et al., 2018; Heath, 2006; Heath & Borowski, 2013). The results supported previous concerns about the adequacy of using CVs to assess differences in temporal variability across data sets, because estimates of CV (a) depend strongly on the mean of the time series, (b) increase with the length of the time series, (c) are biased when non‐normally distributed data sets are used, and (d) present a pathological behavior when rare events occur in a time series.…”
Section: Temporal Variability: Why We Need Alternative Measures To CVmentioning
confidence: 99%
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“…A smaller proportion of indicators measure the spread of a quantity such as the degree of difference in GDP rates across different regions of New Zealand. In those instances, the proportional variability was used instead of the standard deviation due to the non-normality of the indicators [28]. Custom measures such as the Gini coefficient were used for quantifying the inequality of incomes, while the house affordability measure (HAM) was used to determine the accessibility of the housing market.…”
Section: Indicator Valuesmentioning
confidence: 99%