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The data point is close to the expected value.

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Q: What does it mean to find a data point within one standard deviation of the mean?
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How many of scores will be within 1 standard deviation of the population mean?

Assuming a normal distribution 68 % of the data samples will be with 1 standard deviation of the mean.


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.


What is the purpose of finding the standard deviation of a data set?

The purpose of obtaining the standard deviation is to measure the dispersion data has from the mean. Data sets can be widely dispersed, or narrowly dispersed. The standard deviation measures the degree of dispersion. Each standard deviation has a percentage probability that a single datum will fall within that distance from the mean. One standard deviation of a normal distribution contains 66.67% of all data in a particular data set. Therefore, any single datum in the data has a 66.67% chance of falling within one standard deviation from the mean. 95% of all data in the data set will fall within two standard deviations of the mean. So, how does this help us in the real world? Well, I will use the world of finance/investments to illustrate real world application. In finance, we use the standard deviation and variance to measure risk of a particular investment. Assume the mean is 15%. That would indicate that we expect to earn a 15% return on an investment. However, we never earn what we expect, so we use the standard deviation to measure the likelihood the expected return will fall away from that expected return (or mean). If the standard deviation is 2%, we have a 66.67% chance the return will actually be between 13% and 17%. We expect a 95% chance that the return on the investment will yield an 11% to 19% return. The larger the standard deviation, the greater the risk involved with a particular investment. That is a real world example of how we use the standard deviation to measure risk, and expected return on an investment.


In research how to define standard deviation?

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.


What is the relationship between standard deviation and variance for the same sample data?

The standard deviation is the square root of the variance.

Related questions

A set of 1000 values has a normal distribution the mean of the data is 120 and the standard deviation is 20 how many values are within one standard deviaiton from the mean?

The Empirical Rule states that 68% of the data falls within 1 standard deviation from the mean. Since 1000 data values are given, take .68*1000 and you have 680 values are within 1 standard deviation from the mean.


How many of scores will be within 1 standard deviation of the population mean?

Assuming a normal distribution 68 % of the data samples will be with 1 standard deviation of the mean.


What is standard deviation used for?

Standard deviation is a measure of the spread of data.


How is standard deviation useful?

It's used in determining how far from the standard (average) a certain item or data point happen to be. (Ie, one standard deviation; two standard deviations, etc.)


What percentage of the data falls outside 1 standard deviation of the mean?

One standard deviation for one side will be 34% of data. So within 1 std. dev. to both sides will be 68% (approximately) .the data falls outside 1 standard deviation of the mean will be 1.00 - 0.68 = 0.32 (32 %)


If the standard deviation is small the data is more dispersed?

No, if the standard deviation is small the data is less dispersed.


Why is the standard deviation one?

The standard deviation provides in indication of what proportion of the entire distribution of the sample falls within a certain distance from the mean or average for that sample. If your data falls on a normal (or bell shaped) distribution, a SD of 1 indicates that about 68% of your data points (scores or whatever else) fall within 1 point (plus or minus) of the average (mean) of the data, and 95% fall within 2 points.


What is the essence of finding the standard deviation of your data?

I am not entirely sure I understand correctly what you mean by "essence". However, the idea of finding the standard deviation is to determine, as a general tendency, whether most data points are close to the average, or whether there is a large spread in the data. The standard deviation means, more or less, "How far is the typical data point from the average?"


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.


Can a standard deviation be less than 1?

Yes. Standard deviation depends entirely upon the distribution; it is a measure of how spread out it is (ie how far from the mean "on average" the data is): the larger it is the more spread out it is, the smaller the less spread out. If every data point was the mean, the standard deviation would be zero!


Why do we need the standard deviation?

The standard deviation is a measure of the spread of data.


Standard deviation is helpful in calculating?

Standard deviation is a calculation. It I used in statistical analysis of a group of data to determine the deviation (the difference) between one datum point and the average of the group.For instance, on Stanford-Binet IQ tests, the average (or, mean) score is 100, and the standard deviation is 15. 65% of people will be within a standard deviation of the mean and score between 85 and 115 (100-15 and 100+15), while 95% of people will be within 2 standard deviations (30 points) of the mean -- between 70 and 130.