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The sample formula is used when the data set represents ... or 12.52 (sample variance). Standard deviation and variance are both ways of measuring how closely a set of data points are clustered ...
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Standard Deviation: A Key Concept in Inferential StatisticsThe formula for calculating the sample ... with knowledge of a specific distribution. The variance of a dataset – from which standard deviation is derived by taking the square root — has ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New ...
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