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What is the lowest value that standard deviation can be?

The lowest value that standard deviation can be is zero. This occurs when all the data points in a dataset are identical, meaning there is no variation among them. In such cases, the standard deviation, which measures the dispersion of data points around the mean, indicates that there is no spread.


Why is standard deviation better than range at measuring dispersion?

Standard deviation is generally considered better than range for measuring dispersion because it takes into account all data points in a dataset, rather than just the extremes. This allows standard deviation to provide a more comprehensive understanding of how data points vary around the mean. Additionally, standard deviation is less affected by outliers, making it a more robust measure of variability in most datasets. In contrast, range can be misleading as it only reflects the difference between the highest and lowest values.


What is lowest hand in 5 card stud?

The lowest hand in standard poker is 2, 3, 4, 5, and 7, not in the same suit.


What can 7 and 15 both go into?

105 is the lowest, following this, multiples of 105


What does spread mean in math?

In mathematics, "spread" often refers to the range of a set of values or the extent of variation within a dataset. It can be quantified using different measures, such as the range (the difference between the highest and lowest values), variance, or standard deviation, which indicate how much the data points differ from the mean. Understanding the spread helps in analyzing the distribution and variability of data in statistics.

Related Questions

What is the lowest value that standard deviation can be?

The lowest value that standard deviation can be is zero. This occurs when all the data points in a dataset are identical, meaning there is no variation among them. In such cases, the standard deviation, which measures the dispersion of data points around the mean, indicates that there is no spread.


Why is standard deviation better than range at measuring dispersion?

Standard deviation is generally considered better than range for measuring dispersion because it takes into account all data points in a dataset, rather than just the extremes. This allows standard deviation to provide a more comprehensive understanding of how data points vary around the mean. Additionally, standard deviation is less affected by outliers, making it a more robust measure of variability in most datasets. In contrast, range can be misleading as it only reflects the difference between the highest and lowest values.


The average weekly grocery bill is 57.85 with a standard deviation of 14.25 What is the lowest amount spent by the upper 25 percent of market customers?

If you assume that a grocery bill is normally distributed then the lowest spend by the top 25% is 67.46.


What can be said about a set of data when its standard deviation is small but not zero?

This means that the set of data is clustered really close to the mean/average. Your data set likely has a small range (highest value - lowest value). In other words, if the average is 6.3, and the standard deviation is 0.7, this means that each individual piece of data, on average, is different from the mean by 0.7. Each piece of data deviates from the mean by an average (standard) of 0.7; hence standard deviation! By definition, 66% of all data is 1 standard deviation from the mean, so 66% of the data in this example would be between the values of 5.6 and 7.0.


Can the five-number summary be used to calculate the standard deviation?

No. To calculate a sample standard deviation one requires the sample values. The five-number summary provides only the lowest value, the highest, the median, and the upper and lower quartiles. In any sample of size greater than five some values will be missing from the summary.


What is the lowest resistance?

Which of the following has the lowest resistance


What is the difference between min and max function?

The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)The MIN function returns the lowest value from a set of values. The MAX function returns the highest value from a set of values.=MIN(A2:A20)=MAX(A2:A20)


Where is the lowest standard of living in Europe?

Albania is the one specific country with the lowest standard of living in Europe. However, the region of Europe with the lowest standard of living is Southeastern Europe (with the exception of Greece and Cyprus).


What is the rate in lowest terms for 98 sales for 28 returns?

98:28


What has has the lowest density?

At the standard temperature and pressure, hydrogen gas has the lowest density.


Which country has the lowest standard of living?

hati


What is the lowest guitar chord that can be played on a standard-tuned guitar?

The lowest guitar chord that can be played on a standard-tuned guitar is the E major chord.