Standard Deviation Formula:
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The standard deviation of sample mean measures the dispersion of data points from their mean value when data is grouped into classes with frequencies. It's a crucial measure of variability in statistics.
The calculator uses the formula:
Where:
Explanation: The formula calculates how spread out the values are from the mean, weighted by their frequencies.
Details: Standard deviation is essential for understanding data variability, comparing datasets, and making statistical inferences. It's widely used in quality control, finance, and scientific research.
Tips: Enter class marks and their corresponding frequencies as comma-separated values. Both lists must have the same number of elements.
Q1: What's the difference between population and sample standard deviation?
A: Sample standard deviation uses (n-1) in the denominator (Bessel's correction) to provide an unbiased estimate of the population standard deviation.
Q2: When should I use this formula?
A: Use this when you have grouped frequency data (classes and frequencies) rather than raw individual data points.
Q3: What are class marks?
A: Class marks are the midpoints of class intervals in grouped data. For example, for class 10-20, the class mark is 15.
Q4: What does a high standard deviation indicate?
A: A high standard deviation indicates that data points are spread out widely from the mean, showing high variability.
Q5: Can standard deviation be negative?
A: No, standard deviation is always non-negative as it's derived from squared differences.