Ask Question
10 July, 08:45

Why is standard deviation important

+5
Answers (1)
  1. 10 July, 10:56
    0
    Answer: The standard deviation is a statistic that measures the dispersion of a dataset relative to its mean and is calculated as the square root of the variance. The greater the standard deviation of securities, the greater the variance between each price and the mean, which shows a larger price range. It is also the best and most accurate measure in knowing deviations.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Why is standard deviation important ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers