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Should I consider the final keyword density of the html page to be what is given with or wihtout stop words?
Should I count the density with/without the page title & meta tags?
Also - what might be the max keyword density what Google likes? (PlanetOcean says 0-12% would be ok)
Consider the density without the stop words. Stop words are the words that the SE filter out as noise.
I would consider the density with the titles and description.
In general I don't fret about the density anymore, though. There are other factors in there of greater importance.
A great experiment I did in the past was to run a number of queries in the search engines and analyze the results- especially the top scorers with a low keyword density.