noun a statistic that measures the amount of variability or dispersion in a set of data points
In mathematics, standard deviation is used to quantify the amount of variation or dispersion of a set of values.
In psychology, standard deviation is used to measure the variability or spread of data points in a study.
Standard deviation is a measure of the dispersion or variability of a set of values in a dataset.
Standard deviation is commonly used in economics to measure the volatility of a financial asset or portfolio.
Standard deviation is used in physics to quantify the uncertainty or variability of experimental measurements.
Writers may use standard deviation when analyzing data for research purposes, such as in journalism or content creation.
Psychologists often use standard deviation in research studies to measure the variability or dispersion of data in psychological assessments and experiments.
Financial analysts use standard deviation to measure the volatility of stock prices or other financial instruments, helping them assess risk and make investment decisions.
Quality control managers use standard deviation to monitor and improve the consistency and quality of products or processes in manufacturing and other industries.
Market researchers use standard deviation to analyze survey data and consumer behavior, helping businesses make informed decisions about marketing strategies and product development.