Standard Deviation
Description
Measures the amount of variation in a dataset.
Variables
| Symbol | Meaning |
|---|---|
σ | Standard deviation |
n | Number of values |
xᵢ | Individual values |
μ | Mean |
Examples
Basic Calculation
Problem: Find std dev of 2,4,6,8,10
Solution:
σ = √8 ≈ 2.83
Real-World Applications
- Data analysis
- Quality control
- Research