what is the physical significance of equilibrium constant - Chemistry - Equilibrium

Question

what is the physical significance of equilibrium constant

Anuradha Puri · Accepted Answer

Physical significance of equilibrium constant:

1) The value of equilibrium constant gives information of the
extent of the reaction A large value of equilibrium constant
indicates the greater extent of forward reaction

2) If the value of equilibrium constant and initial concentration
of reactants is known, we can determine the concentrations of
various species at equilibrium

3) The degree of dissociation of a substance can be calculated from
the value of equilibrium constant