Maximum Usual Value Calculator

Formula

The formula to calculate the Maximum Usual Value (MUV) is:

\[ MUV = \mu + 2\sigma \]

Where:

\( MUV \) is the maximum usual value
\( \mu \) is the population mean
\( \sigma \) is the population variance

What is a Maximum Usual Value?

A maximum usual value is a measure of the maximum value that the data or a population usually falls below. It is equal to the mean plus two times the variance. This measure helps in identifying the range within which most of the data points are expected to lie under normal conditions.

Example Calculation

Let's assume the following values:

Population Mean (μ): 50
Population Variance (σ): 5

Step 1: Calculate the Maximum Usual Value (MUV):

\[ MUV = 50 + 2 \times 5 = 50 + 10 = 60 \]

The maximum usual value is 60.