In statistics, the standard deviation is a measure of the amount of variation or dispersion of a set of values. A low standard deviation indicates that the values tend to be close to the mean (also called the expected value) of the set, while a high standard deviation indicates that the values are spread out over a wider range. WebMay 18, 2024 · A Measure of variability is one of the Descriptive Statistic that represents amount of dispersion in a dataset. In Measure of Central Tendency describes the typical value, Measure of...

Deviation Definition & Meaning Dictionary.com

WebMar 27, 2024 · standard deviation, in statistics, a measure of the variability (dispersion or spread) of any set of numerical values about their arithmetic mean (average; denoted by μ). It is specifically defined as the positive square root of the variance (σ2); in symbols, σ2 = Σ(xi − μ)2/n, where Σ is a compact notation used to indicate that as the index (i) changes from … WebDec 2, 2014 · Standard deviation is a measure of how spread out a data set is. It's used in a huge number of applications. In finance, standard deviations of price data are frequently used as a measure of ... food outline clipart

Standard deviation Definition & Meaning - Merriam-Webster

WebBasically, it is the square-root of the Variance (the mean of the differences between the data points and the average). Standard Deviation is the measure of how far a typical value in … WebStandard deviation is a measure of how much an asset's return varies from its average return over a set period of time. Standard deviation is a commonly used gauge of volatility in... Webdeviation meaning: 1. the action of doing something that is different from the usual or common way of behaving: 2…. Learn more. food outlook 2021