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The smaller the standard deviation, the closer together the data is. A standard deviation of 0 tells you that every number is the same.
characteristic of demand
The "z-score" is derived by subtracting the population mean from the measurement and dividing by the population standard deviation. It measures how many standard deviations the measurement is above or below the mean. If the population mean and standard deviation are unknown the "t-distribution" can be used instead using the sample mean and sample deviation.
Standard Deviation
It shows primarily that the measurement unit used for recording the data is very large. For example, the standard deviation of the heights of individuals, when recorded in metres, will be one hundredth of the standard deviation of their heights when recorded in centimetres. The process is known as coding.