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What is Standard Deviation? |
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Written by DJS Research Ltd
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18 Apr 2011 |
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Standard Deviation, as explained by DJS Research Ltd
Standard deviation is a commonly used measurement of variability or diversity used in statistics and probability theory. It illustrates the degree of variation or dispersion from the mean average or expected value. A low standard deviation is indicative of data points which are very close to the mean average, whereas high standard deviation shows data which are spread out over a larger range of values. For further information please visit DJS Research, a full service market research agency. Alternatively, feel free to call them on +44 (0) 1663 767857 Follow DJS Research Ltd: On Twitter :: On Facebook :: On Linkedin :: On You Tube
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Last Updated ( 17 Jul 2012 )
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