Somewhere back in your middle school and high school math classes, you no doubt learned about the mean and standard deviation as fairly fundamental concepts in arithmetic and statistics. You also knew ...
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When reviewing cash flow data for your small business, knowing the standard deviation can help you determine if the numbers are out of whack. Calculating standard deviation manually can be ...
Standard deviation describes how much variability—or fluctuation—exists within a data set. The standard error of the mean (SEM) indicates how accurately a data set represents the true population by ...