Calculate Standard Deviation
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About Standard Deviation
Standard deviation is a measure of the amount of variation or dispersion in a set of values. It indicates how much the values deviate from the mean (average) of the set.
A low standard deviation means that the values tend to be close to the mean, while a high standard deviation means that the values are spread out over a wider range.
Formulas:
Population Standard Deviation:
σ = √[ Σ (xᵢ - μ)² / N ]
Sample Standard Deviation:
s = √[ Σ (xᵢ - x̄)² / (N - 1) ]