Standard Deviation Calculator

Standard Deviation Calculator

Standard Deviation (σ):

Variance:

Mean:

Count:

About Standard Deviation

In a normal distribution, shown as a bell curve, standard deviation is related to variance. Variance measures the squared deviations from the mean. Standard deviation is the square root of variance. Together, these two measures show how data points spread out from the expected value.

This is crucial when calculating confidence intervals in statistics. It is useful in estimating the reliability of your data. Confidence intervals show the range where the true population mean lies. It takes into account the standard error of the mean.

Real-World Applications

  • Financial Analysis: Helps analyze financial portfolios.
  • Sports Predictions: Aids in predicting outcomes in games/sports.
  • Environmental Evaluation: Useful for evaluating environmental data.
  • Informed Decisions: Understanding standard deviation helps you make better choices.