What is relative standard deviation - Definition and Meaning
Relative Standard Deviation :
Relative Standard Deviation calculates the absolute value of the coefficient of variation, and it is denoted as parts per thousand (ppt) or percentage (%).
Formula :
S = √(Σ(x-x)2/N-1)
% RSD =S*100/ x
Where,
Mean = X/N
X - Summation of x value
N = The count of mean values
S = Standard Deviation value
x = Mean of the data
Example :
Mean = 55.4
Standard Deviation = 8.56
RSD = (8.56 x 100) / 55.4
RSD = 15.45
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