Standard deviation: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Administrator
(CSV import)
 
imported>Doug Williamson
m (Spacing 20/8/13)
Line 1: Line 1:
(SD). Standard deviation measures the spread of data around their mean. The standard deviation is the square root of the variance.
(SD).  
 
Standard deviation measures the spread of data around their mean.
 
The standard deviation is the square root of the variance.


Standard deviation is used widely as a measure of risk, because it is relatively easy to calculate, compare and combine with the standard deviations of other variables.
Standard deviation is used widely as a measure of risk, because it is relatively easy to calculate, compare and combine with the standard deviations of other variables.


== See also ==
== See also ==
Line 15: Line 20:
* [[Variance]]
* [[Variance]]
* [[Volatility]]
* [[Volatility]]

Revision as of 09:32, 20 August 2013

(SD).

Standard deviation measures the spread of data around their mean.

The standard deviation is the square root of the variance.

Standard deviation is used widely as a measure of risk, because it is relatively easy to calculate, compare and combine with the standard deviations of other variables.


See also