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Standard deviation shows how much variation there is from the "average" (mean). A low standard deviation indicates that the data points tend to be very close to the mean, whereas high standard deviation indicates that the data are spread out over a large range of values.
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What are the assumptions of standard deviation?
The standard deviation is the standard deviation! Its calculation requires no assumption.
What is the difference between standard error of mean and standard deviation of means?
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.
Difference Standard Deviation of a portfolio?
difference standard deviation of portfolio
What is the square of the standard deviation called?
The square of the standard deviation is called the variance. That is because the standard deviation is defined as the square root of the variance.
A standard normal distribution has a mean of and standard deviation of?
Mean 0, standard deviation 1.
Why don't all normal curves have the same standard deviation?
Because the standard deviation is one of the two parameters (the other being the mean) which define the Normal curve. The mean defines the location and the standard deviation defines its shape.
What are the assumptions of standard deviation?
The standard deviation is the standard deviation! Its calculation requires no assumption.
What does the sample standard deviation best estimate?
The standard deviation of the population. the standard deviation of the population.
Application of standard deviation in business?
Standard deviation helps business understand the research they have done on their potential customers. If the information deviates by one, then they know that they can rely on the information more so than research that deviates to standards deviations away from the mean.
What is standard deviation of 155.45?
The standard deviation is 0.
If quartile deviation is 24. find mean deviation and standard deviation?
Information is not sufficient to find mean deviation and standard deviation.
What is the relationship between standard deviation and variance?
Standard deviation is the square root of the variance.
What is the standard deviation of a standard normal distribution?
The standard deviation in a standard normal distribution is 1.
What is the difference between standard error of mean and standard deviation of means?
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.
Why do we need the standard deviation?
The standard deviation is a measure of the spread of data.
What is the standard deviation of 9?
You need more than one number to calculate a standard deviation, so 9 does not have a standard deviation.
Difference Standard Deviation of a portfolio?
difference standard deviation of portfolio
