PSD Formula for Grouped Data:
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The Percent Standard Deviation (PSD) is a measure of relative variability that expresses the standard deviation as a percentage of the mean. It's particularly useful for comparing variability between datasets with different units or widely different means.
The calculator uses the PSD formula for grouped data:
Where:
Explanation: The formula calculates the standard deviation for grouped data, divides it by the mean, and converts it to a percentage.
Details: PSD is widely used in quality control, laboratory analysis, and research to compare variability between different datasets. It's especially valuable when means differ significantly.
Tips: Enter each frequency and midpoint pair on a separate line (space-separated). For example:
5 10.5
8 15.5
12 20.5
Q1: What's the difference between SD and PSD?
A: Standard deviation (SD) is an absolute measure of dispersion, while PSD is a relative measure that shows dispersion relative to the mean.
Q2: When should I use PSD instead of SD?
A: Use PSD when comparing variability between datasets with different means or different units of measurement.
Q3: What's a good PSD value?
A: In many applications, PSD < 10% is considered low variability, 10-20% moderate, and >20% high variability, but this varies by field.
Q4: Can PSD be used for ungrouped data?
A: Yes, the concept is the same, but the calculation formula would be simpler for raw data points.
Q5: What are limitations of PSD?
A: PSD can be misleading when means are close to zero, as the percentage becomes very large. It's also not meaningful for interval scales without a true zero.