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!
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The Index of Qualitative Variation (IQV) is calculated using the following formula:
IQV = [K * (1002 - SUM(Pct^2))] / (1002 * (K - 1))
Krepresents 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.
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