Pronunciation: /ˈstændərd dɪˌveɪʃən/
noun a statistic that measures the amount of variability or dispersion in a set of data points
A1 The standard deviation measures the amount of variation or dispersion of a set of values.
A2 In statistics, the standard deviation is a commonly used measure of the amount of variation or dispersion in a set of data.
B1 When analyzing data, it is important to consider the standard deviation to understand how spread out the values are from the mean.
B2 Researchers use standard deviation to determine the consistency or variability of data points within a dataset.
C1 Advanced statistical models take into account not only the mean but also the standard deviation to make more accurate predictions.
C2 In financial analysis, standard deviation is used to measure the risk associated with an investment by analyzing the volatility of its returns.
formal The standard deviation is a measure of the amount of variation or dispersion of a set of values.
informal The standard deviation tells us how spread out the numbers in a data set are.
slang The standard deviation is like the average distance of numbers from the mean.
figurative Think of standard deviation as a way to see how much the data points deviate from the average.
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