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11-15-2012, 11:26 PM
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McTankel's Avatar
Join Date: Jul 2011
Location: Hamburg, NY
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Originally Posted by BudMovin View Post
Took it last year, still fresh in the old noggin.
In statistics and probability theory, standard deviation (represented by the symbol sigma, σ) shows how much variation or "dispersion" exists from the average (mean, or expected value). A low standard deviation indicates that the data points tend to be very close to the mean; high standard deviation indicates that the data points are spread out over a large range of values.

The standard deviation of a random variable, statistical population, data set, or probability distribution is the square root of its variance. It is algebraically simpler though practically less robust than the average absolute deviation. A useful property of standard deviation is that, unlike variance, it is expressed in the same units as the data.

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