Standard deviation is a widely used measure of dispersion or variability in a dataset. It gives key insights into the spread of the data and helps to understand how far the individual data points are ...
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The standard deviation is a statistical measure used to describe the variability or spread of a data set. It is one of the most common and useful measures to understand the distribution of data and ...
Standard deviation is a common statistical measurement and is defined by Oxford Dictionaries as: ‘A quantity expressing by how much the members of a group differ from the mean value for the group.’ In ...
Standard deviation is a widely used metric to ascertain the investment risk of mutual funds. The concept of Standard Deviation becomes important when you invest in a market-linked product like mutual ...
If you are working with a large dataset, knowing its standard deviation is handy as it will let you know the variability in the given dataset. You get to see the ...