Somewhere back in your middle school and high school math classes, you no doubt learned about the mean and standard deviation as fairly fundamental concepts in arithmetic and statistics. You also knew ...
Standard deviation is a concept that's thrown around frequently in finance. So what is it? When working with a quantitative data set, one of the first things we want to know is what the "typical" ...
While Excel is useful for many applications, it is an indispensable tool for those managing statistics. Two common terms used in statistics are Standard Deviation and ...
Arithmetic Mean: (a.k.a. mean) the sum of a set of numbers divided by the number of numbers in the set. Average: see "Central Tendency." Box-and-Whisker Plot: see "Box Plot." Box-Plot: graphical ...
When reviewing cash flow data for your small business, knowing the standard deviation can help you determine if the numbers are out of whack. Calculating standard deviation manually can be ...
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