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Standard Deviation

oboloo Glossary

Standard Deviation

Standard Deviation Definition

Standard deviation is a measure of the variability or dispersion of a data set. It is calculated as the square root of the variance. The standard deviation is represented by the Greek letter sigma (σ).

A low standard deviation indicates that the data points tend to be close to the mean, while a high standard deviation indicates that the data points are spread out over a wider range of values.

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