Steps for Calculations of Standard Deviation
We can calculate the standard deviation using following steps:
Step 1: Calculate the mean (average) of the data set.
Step 2: For each data point, subtract the mean and square the difference.
Step 3: Sum the squared differences.
Step 4: Divide the sum of squared differences by N – 1 (for sample standard deviation) or N (for population standard deviation).
Step 5: Take the square root of the result.
Example on Standard Deviation Calculation
Let’s calculate the standard deviation of the following data set: {2, 4, 5, 7, 9}
Step 1: Calculate the mean for the data
Mean = (2 + 4 + 5 + 7 + 9) / 5 = 5.4
Step 2: Calculate the squared deviations from the mean.
- (2 – 5.4)² = 11.56
- (4 – 5.4)² = 1.96
- (5 – 5.4)² = 0.16
- (7 – 5.4)² = 2.56
- (9 – 5.4)² = 13.69
Step 3: Sum the squared deviations from the mean.
Σ(xi – μ)² = 11.56 + 1.96 + 0.16 + 2.56 + 13.69 = 29.93
Step 4: Divide the sum of squared differences by N – 1.
29.93 / (5 – 1) = 5.99
Take the square root of the result.
s = √5.99 ≈ 2.45
Therefore, the sample standard deviation of the data set is approximately 2.45.
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How to Calculate Standard Deviation?
Standard Deviation is a measure of how data is spread out around the mean. It is a statistical tool used to determine the amount of variation or dispersion of a set of values from the mean. A low standard deviation indicates that the data points are clustered closely around the mean, while a high standard deviation means that the data points are spread across a wide range of values.
In this article, we will discuss how to calculate Standard Deviation using a formula.
Table of Content
- What is Standard Deviation?
- Formula for Standard Deviation
- Population Standard Deviation
- Sample Standard Deviation
- Steps for Calculations of Standard Deviation
- Example on Standard Deviation Calculation
- Calculation of Standard Deviation: FAQs
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