answersLogoWhite

0

Standard deviation helps business understand the research they have done on their potential customers. If the information deviates by one, then they know that they can rely on the information more so than research that deviates to standards deviations away from the mean.

User Avatar

Wiki User

10y ago

Still curious? Ask our experts.

Chat with our AI personalities

BlakeBlake
As your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake
DevinDevin
I've poured enough drinks to know that people don't always want advice—they just want to talk.
Chat with Devin
ReneRene
Change my mind. I dare you.
Chat with Rene

Add your answer:

Earn +20 pts
Q: Application of standard deviation in business?
Write your answer...
Submit
Still have questions?
magnify glass
imp