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The standard deviation, often denoted by the Greek letter \(“σ”\), is a numerical measure employed to gauge the degree of dispersion or variation within a set of values. If you’re a connoisseur of data analysis, or even just a curious mind endeavoring to uncover the nuances within data sets, understanding the magnitude of standard deviation […]
Measures of dispersion are non-negative real numbers that measure the dispersion of data about a central value. In this step-by-step guide, you will learn more about the most commonly used measures of dispersion.
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