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Skip to content# Tag: standard deviation

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How To Interpret Standard Deviation (3 Key Concepts To Know)

It is one thing to calculate a standard deviation from a data set. However, it is another to interpret it and find out what it is telling you about a data set. So, how do you interpret...

Standard Deviation vs Standard Error (3 Key Concepts To Know)

In statistics, we describe data sets using both standard deviation and standard error of the mean (also called standard error). Although these two terms sound similar, there are some key...

Standard deviation is a measure of spread that helps us to interpret data. Together with the mean, standard deviation can tell us a lot about the data, and the units can also help us to...

Standard deviation is an important statistic that helps us to get a sense of the spread of a data set. We can use Excel to help us in our calculations, but there are a few things to be aware...

Statistical dispersion helps us to get a handle on a data set by telling us whether its values are close together or far apart. Some measures of statistical dispersion help us to figure out how...

Mean and standard deviation are both used to help describe data sets, especially ones that follow a normal distribution. We can also figure out how “extreme” a data point is by calculating...