Qualitative Variation
An index of qualitative variation (IQV) is a measure of statistical dispersion in nominal distributions. There are a variety of these, but they have been relatively little-studied in the statistics literature. The simplest is the variation ratio, while the most sophisticated is the information entropy.
Read more about Qualitative Variation: Properties, Formulae, Evaluation of Indices
Famous quotes containing the word qualitative:
“You ask: What is it that philosophers have called qualitative states? I answer, only half in jest: As Louis Armstrong is said to have said when asked what jazz is, If you got to ask, you aint never gonna get to know.”
—Ned Block (b. 1942)