Standard deviation
- Measures how spread out a distribution is.
Example:
X |
X- X̄ |
(X- X̄)2 |
670 |
16.1 |
259.21 |
458 |
-198.9 |
38376.81 |
568 |
-85.9 |
7378.81 |
579 |
-74.9 |
5610.01 |
997 |
343.1 |
117649 |
309 |
-344.9 |
118956.01 |
879 |
225.1 |
50670.01 |
652 |
-1.9 |
3.61 |
441 |
-212.9 |
45326.41 |
986 |
332.1 |
110290.41 |
|
|
Σ (X- X̄)2 =494520.29 |
Standard deviation (σ) = Σ (X- X̄)2/n-1 = 234.40
Variance ( σ2) = 54946.69