How is Richness calculated?

Richness is calculated as the proportion of positive-coded documents in relation to the total number of documents. Specifically, this means taking the number of documents that have been identified as positive and dividing that by the overall total of all documents in the dataset. This calculation provides insight into the prevalence of the positive cases among the total documents, essentially offering a measure of how "rich" the data is in terms of the relevant, positive findings that are being analyzed.

This method is crucial in project management contexts, particularly when evaluating the success or focus of a project based on the outcomes reflected within the data. It allows project managers to assess whether the documentation reflects the goals or targets they are aiming for. This ratio can be an important metric in analyzing and understanding the effectiveness of a project’s outcomes and its potential for success.