The Index of Qualitative Variation (IQV) quantifies the diversity of categorical data, indicating how evenly observations are distributed across categories.
Unlike simple counts, IQV accounts for both the number of categories and the relative frequencies, providing a value between 0 (no variation) and 1 (maximum variation).
A higher IQV signals greater heterogeneity, which is useful in fields such as ecology, sociology, and market research.
What is the Index of Qualitative Variation?
When should I use the IQV calculator?
How do I interpret the results of the IQV?
Can the IQV be used for continuous data?
What is the formula for calculating IQV?
How does IQV differ from other measures of diversity?
What are some common applications of IQV?
Results are for informational purposes only and do not constitute professional advice.
