Excel Standard Deviation Formula Examples
Once you have chosen the Function for your data type, writing the formula is straightforward and error-free. The syntax is simple and transparent, making it easy to apply Excel’s standard deviation formulas. Let’s discuss a few examples:
Calculating Standard Deviation of a Sample and Population
When calculating the standard deviation in Excel, you have different formulas to use depending on whether you are working with a sample or the entire population:
For population standard deviation, which applies to the entire list of values, you can use the STEDV.P Function.
For example: If your data is in the range A3:A30, the formula would be:
=STDEV.S(A2:A14)
Note:
- It is mandatory to notice the results from these formulas may slightly differ, mainly while working with smaller sample sizes.
- If you are using Excel 2007 or earlier versions, you would use the STDEVP and STDEV functions.
Standard Deviation in Excel: How to Calculate, Formulas and Examples
The Standard Deviation is a statistical measure that helps us to understand the amount of variance in a dataset. This statistic can be quite helpful in determining how similar or distinct your data is. Standard deviation may be calculated in Microsoft Excel quickly if you know the formulas and commands to use.
In this article, we examine the functions of standard deviation, clarify how to compute standard deviation in Excel and give an illustration.
Contact Us