There are two formulae for standard deviation. \(s = \sqrt {\frac{{\sum {{{(X - \bar X)}^2}} }}{{n - 1}}}\) (where n is the sample size). The second formula is a re ...
Standard deviation is an important measure of spread or dispersion. It tells us how far, on average the results are from the mean. Therefore if the standard deviation is small, then this tells us that ...