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 ...

The extent to which products meet specifications needs to be systematically monitored in a production process. Product quality will typically be defined by two quantities: deviations from stated ...

In statistics, the standard deviation is a measure of the amount of variation or dispersion of a set of values. A low standard deviation indicates that the values tend to be close to the mean (also ...

Standard deviation is a common statistical measurement and is defined by Oxford Dictionaries as: ‘A quantity expressing by how much the members of a group differ from the mean value for the group.’ In ...

Standard deviation is a measurement of market volatility. Learn how investors use standard deviation in the MoneySense Glossary. This article is 1 year old. Some details may be outdated. Standard ...

In statistics, the average amount a number varies from the average number in a series of numbers. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction requires permission.