Index of Qualitative Variation (IQV) Calculator

Calculate the diversity of categorical data with the Index of Qualitative Variation (IQV) Calculator. Measure variations and make insightful comparisons. Try now!





Result IQV 0

More Calculators: Compounding Interest Calculator, Relative Standard Deviation (RSD), Simple Moving Average Calculator, FIRE Calculator, Inflation Calculator

IQV Formula

The Index of Qualitative Variation (IQV) is calculated using the following formula:

IQV = [K * (1002 - SUM(Pct^2))] / (1002 * (K - 1))

Where:

  • K represents the number of categories or groups.
  • SUM(Pct^2) is the sum of squared percentages for each category.

The IQV formula helps quantify the variation or diversity among categorical data, allowing for insightful comparisons and analysis.

Index of Qualitative Variation Meaning

The Index of Qualitative Variation (IQV) measures the diversity or variability within a set of qualitative data. It helps to understand how different categories or groups compare to each other in terms of variation.

A higher IQV indicates greater diversity among the categories, while a lower IQV suggests that the categories are more similar or homogeneous. This index is useful for analyzing patterns and distributions in qualitative research.

More Articles