Standard Deviation Value
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A Standard Deviation Value is a dispersion statistic value produced by a standard deviation measure relative to a mean value.
- Context:
- It can range from being a Population Standard Deviation Value (for a population mean) to being a Standard Deviation Estimate (from a sample mean).
- It is in the same Metric Space as the Input.
- …
- Counter-Example(s):
- See: Estimated Value.
References
2015
- (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/standard_deviation Retrieved:2015-5-3.
- In statistics, the standard deviation (SD) (represented by the Greek letter sigma, σ) is a measure that is used to quantify the amount of variation or dispersion of a set of data values. A standard deviation close to 0 indicates that the data points tend to be very close to the mean (also called the expected value) of the set, while a high standard deviation indicates that the data points are spread out over a wider range of values.