Statistical Formulas:
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Deviation measures how far individual data points are from the mean, while variation (variance) quantifies the spread of the entire dataset. Standard deviation is the square root of variance and provides a measure of dispersion in the original units.
The calculator uses statistical formulas:
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Explanation: Deviation shows individual differences from average, variance measures average squared deviation, and standard deviation returns to original units.
Details: These measures are fundamental in statistics for understanding data distribution, identifying outliers, and making informed decisions based on data variability.
Tips: Enter numerical values separated by commas. The calculator will compute mean, variance, and standard deviation automatically.
Q1: What is the difference between variance and standard deviation?
A: Variance is in squared units while standard deviation is in original units, making standard deviation more interpretable.
Q2: When should I use population vs sample variance?
A: Use population variance when dealing with entire population, sample variance (with n-1 denominator) when working with samples.
Q3: What does a high standard deviation indicate?
A: High standard deviation means data points are spread out widely from the mean, indicating high variability.
Q4: Can deviation be negative?
A: Yes, deviation can be negative when data points are below the mean, positive when above the mean.
Q5: How are these measures used in real-world applications?
A: Used in quality control, finance (risk assessment), research data analysis, and any field requiring data variability measurement.