Terms Beginning With 's'

Standard Deviation

  • January 15, 2020
  • Team Kalkine

Standard Deviation is a method or statistical tool to measure the variation or dispersion in the set of value with respect to mean value of the set. It is calculated with the given formulae:

The deviation is calculated by square rooting the variance of set value from its mean. Lower the value of deviation nearer the data set toward the mean and vice versa as shown below.

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