Then, what is CV in laboratory?
The coefficient of variation (CV) is calculated as the standard deviation (SD) divided by the mean and multiplied by 100. CV indicates variability of the test results. This depends upon the test methodology, the instrument being used, and the range of results.
Subsequently, question is, what is inter assay precision? The inter assay variation describes the variation of results obtained from repeated experiments. It is expressed by inter assay coefficient of variation (inter assay CV) to monitor the precision of results between different assays.
Also know, does CV measure accuracy or precision?
Using the CV makes it easier to compare the overall precision of two analytical systems. The CV is a more accurate comparison than the standard deviation as the standard deviation typically increases as the concentration of the analyte increases.
What is an acceptable CV value?
CVs of 5% or less generally give us a feeling of good method performance, whereas CVs of 10% and higher sound bad. However, you should look carefully at the mean value before judging a CV. At very low concentrations, the CV may be high and at high concentrations the CV may be low.
