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What is the difference between a small and a large standard deviation?
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The standard deviation (SD) is a single number that summarizes the variability in a dataset. It represents the typical distance between each data point and the mean. Smaller values indicate that the data points cluster closer to the mean—the values in the dataset are relatively consistent.
Jul 9, 2021 · Basically, a small standard deviation means that the values in a statistical data set are close to the mean (or average) of the data set, and a large standard deviation means that the values in the data set are farther away from the mean.
- Deborah J. Rumsey
May 18, 2021 · One way to determine if a standard deviation is “low” is to compare it to the mean of the dataset. A coefficient of variation, often abbreviated CV, is a way to measure how spread out values are in a dataset relative to the mean. It is calculated as: CV = s / x. where: s: The standard deviation of dataset; x: The mean of dataset
Sep 17, 2020 · The standard deviation is the average amount of variability in your dataset. It tells you, on average, how far each value lies from the mean. A high standard deviation means that values are generally far from the mean, while a low standard deviation indicates that values are clustered close to the mean.
A small standard deviation means that there is some spread in the data, but most of it is still in a fairly tight cluster close to the mean. A low standard deviation means that most data is not spread out very far from the mean.
A large standard deviation indicates that the data points can spread far from the mean and a small standard deviation indicates that they are clustered closely around the mean. For example, each of the three populations {0, 0, 14, 14}, {0, 6, 8, 14} and {6, 6, 8, 8} has a mean of 7.
A small standard deviation indicates that the data points are closely packed around the mean, indicating low variation, while a large standard deviation indicates that the data points are spread out, indicating high variation.