Did you mean to ask:
"What is standard deviation, and what are it's advantages and disadvantages" ?
Standard deviation is a measure of how "spread out" a set of data is. If it is large, you have a large range of numbers. If it is small, most of your data points are close to the average.
To find it, you need to subtract the "mean" (average) of the data from each data point, square your answers, add them all together, divide your answer by the number of data points minus 1, and take the square root.
For a better explanation of how to find it, have a look here, see the related link below.
So it's advantage is, it gives you a better picture of your data than just the mean alone. Disadvantages would be that it doesn't tell you the full range of the data, and it can be effected by "outliers" (rare numbers much smaller or larger than everything else in the data set) to give a skewed picture.
The standard deviation of the population. the standard deviation of the population.
The standard deviation is 0.
The standard deviation in a standard normal distribution is 1.
You need more than one number to calculate a standard deviation, so 9 does not have a standard deviation.
The symbol for standard deviation is sigma , σ.
advantages of quartile deviation
One the main advantage of using the coefficient of variation over the standard deviation to measure volatility is the fact that CV is normalized and can be used to directly compare different asset's volatility. The standard deviation must be used in the context of the mean of the data.
The standard deviation is the standard deviation! Its calculation requires no assumption.
The standard deviation of the population. the standard deviation of the population.
The standard deviation is 0.
Information is not sufficient to find mean deviation and standard deviation.
Standard deviation is the square root of the variance.
Advantages: Higher standard of living. Disadvantages: Unbalancing of natural order.
The standard deviation in a standard normal distribution is 1.
Standard error of the mean (SEM) and standard deviation of the mean is the same thing. However, standard deviation is not the same as the SEM. To obtain SEM from the standard deviation, divide the standard deviation by the square root of the sample size.
The standard deviation is a measure of the spread of data.
You need more than one number to calculate a standard deviation, so 9 does not have a standard deviation.