standard deviation
Definitions
General Science
- noun a measure of the amount by which a set of values differs from the
arithmetic mean
Banking
Construction
- A statistic, used as a measure of
dispersion
in a distribution, that is equal to the square root of the arithmetic average of the squares of the deviations from the mean.
Economics
Electronics
- A statistical measure of the
dispersion
or spread around the mean, for a given set, series, orpopulation
. It isequal
to the square root of the variance. If adata set
has as a bell-shaped distribution, for instance, 68.3% of thedata
will fall on either side of one standard deviation,95
.5% within two standard deviation, 99.7% within three, and so on. Its abbreviation is SD. Itssymbol
is σ.
Health Economics
- (written as Standard Deviation)The standard deviation (SD) is measure of the dispersion of a set of numbers around the mean value of a variable. It is the square root of the variance. A large value of SD implies a large dispersion about the mean and vice versa.
