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This would depend on what you're talking about. If the other side is suing you and they believe $500,000 dollars is fair but you think $250,000, it would depend on how strong a case they have; you just might have to settle. However, if it is not in your jurisdiction (if China thought Democracy was unfair), then you couldn't really do anything about it.

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Q: What if the other side believes in a different standard of fairness?
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Is standard deviation same as standard error?

From what ive gathered standard error is how relative to the population some data is, such as how relative an answer is to men or to women. The lower the standard error the more meaningful to the population the data is. Standard deviation is how different sets of data vary between each other, sort of like the mean. * * * * * Not true! Standard deviation is a property of the whole population or distribution. Standard error applies to a sample taken from the population and is an estimate for the standard deviation.


What percentage is 1.5 standard deviation?

The interval of 1.5 sd either side of the mean contains 87 of the values of a Gaussian distribution. For other distribution the answers will be different.


What does standard form mean in math form?

Standard form can have two meanings in mathematics. One is the standard form of linear equations, where the terms are written as Ax + By = C, and the other is a reference to scientific notation.


Why does the formula for standard deviation have a square root in it?

The formula for standard deviation has both a square (which is a power of 2) and a square-root (a power of 1/2). Both must be there to balance each other, to keep the standard deviation value's magnitude similar to (having the same units as) the sample numbers from which it's calculated. If either is removed from the formula, the resulting standard deviation value will have different units, reducing its usefulness as a meaningful statistic.


What is standard form's other name?

Scientific notation or exponential notation.

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