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What is Understanding Standard Deviation in Statistics about?

Standard deviation is a measure of how dispersed or spread out values are in a data set around the mean. It quantifies the variation or dispersion of a probability distribution. In statistics, the standard deviation is calculated as the square root of the variance. In finance, standard deviation is used to measure the volatility of investment returns, with a higher standard deviation indicating greater volatility.

Author

PRAVEENKUMAR C

Language

EN