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Yes SD is ofcourse measure of precision
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∙ 11y ago
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What is the relationship between standard deviation and precision?
The more precise a result, the smaller will be the standard deviation of the data the result is based upon.
Is accuracy or precision related to standard error?
Standard error is a measure of precision.
Why standard deviation is best measure of dispersion?
standard deviation is best measure of dispersion because all the data distributions are nearer to the normal distribution.
Does standard deviation and mean deviation measure dispersion the same?
No. The average of the deviations, or mean deviation, will always be zero. The standard deviation is the average squared deviation which is usually non-zero.
What does one standard deviation mean?
Standard deviation is a measure of variation from the mean of a data set. 1 standard deviation from the mean (which is usually + and - from mean) contains 68% of the data.
Does standard deviation give a measure of accuracy or precision?
precision
Do units of measure follow the standard deviation?
Units of measure do follow the standard deviation.
What is standard deviation used for?
Standard deviation is a measure of the spread of data.
What is the relationship between standard deviation and precision?
The more precise a result, the smaller will be the standard deviation of the data the result is based upon.
Why do we need the standard deviation?
The standard deviation is a measure of the spread of data.
Is accuracy or precision related to standard error?
Standard error is a measure of precision.
Does standard deviation and mean deviation measure dispersion the same?
No. The average of the deviations, or mean deviation, will always be zero. The standard deviation is the average squared deviation which is usually non-zero.
Why standard deviation is best measure of dispersion?
standard deviation is best measure of dispersion because all the data distributions are nearer to the normal distribution.
Why standard deviation is better measure of variance?
1. Standard deviation is not a measure of variance: it is the square root of the variance.2. The answer depends on better than WHAT!
What is the minimum data required for standard deviation?
The standard deviation is a measure of how spread out the numbers are. Three points is needed to calculate a statistically valid meaningful standard deviation.
What does one standard deviation mean?
Standard deviation is a measure of variation from the mean of a data set. 1 standard deviation from the mean (which is usually + and - from mean) contains 68% of the data.
The precision with which a sample average approximates a population average increases as?
the standard deviation of the sample decreases.
