Variation Ratio
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Variation Ratio

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High Quality Content by WIKIPEDIA articles! The variation ratio is a simple measure of statistical dispersion in nominal distributions; it is the simplest measure of qualitative variation. It is defined as the proportion of cases which are not the mode: mathbf{v} := 1 - frac{f_m}{N}. While a simple measure, it is notable in that some texts and guides suggest or imply that the dispersion of nominal measurements cannot be ascertained. It is defined for instance in (Freeman 1965). Just as with the range or standard deviation, the larger the variation ratio, the more differentiated or dispersed th...