The formula to calculate the Relative Difference (RD) is:
\[ RD = \left( \frac{|V1 - V2|}{\frac{V1 + V2}{2}} \right) \times 100\% \]
Where:
Relative difference is a measure of how much two numbers differ from each other relative to their average size. It is often expressed as a percentage to provide a scale-independent measure of difference. This is particularly useful when comparing differences between numbers that are on different scales or magnitudes.
Let's assume the following values:
Using the formula to calculate the Relative Difference (RD):
\[ RD = \left( \frac{|100 - 80|}{\frac{100 + 80}{2}} \right) \times 100\% = \left( \frac{20}{90} \right) \times 100\% \approx 22.22\% \]
The Relative Difference (RD) is approximately 22.22%.