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Standard Deviation
Standard Deviation
spread,) from the mean exists. The standard deviation indicates a “typical” deviation from the
mean. It is denoted by σ.
𝑥̅ = (65+45+80+40+30)/5
= 260/5
= 52
Step 2. Calculate Variance
For variance, we need to first subtract each value from the mean value
x x-𝑥̅ ( 𝑥 − 𝑥̅ )2
65 13 169
45 -7 49
80 28 784
40 -12 144
30 -22 484
σ2 = 1630/5
= 326
Step 3. Calculate Standard Deviation
σ = √326
= 18.055