Add xml-rss feed
What is an RSS feed?
Google RSS button
Add to My Yahoo!
Add to MyMSN







Mean and Standard Deviation

by Santosh
(Australia)




If the mean is 25.8 and standard deviation is 4.7, what does that mean?

Answer

First please follow these links and read the information there:
Mean Average, What Is Standard Deviation?, Normal Probability Distribution and Standard Deviation Calculator.

The most likely distribution is a normal distribution. If we assume that the distribution is indeed normal, then we can understand a lot from the statistics that you provided. 25.8 is the mean or average of the data. This is a measure of the central tendency of the data. The standard deviation is a measure of the variability of the data around the mean. Plus or minus one standard deviation from the mean would be expected to include 68.3% of all the data points in the distribution. Plus or minus two standard deviations from the mean would be expected to include 96.4% of all the data points in the distribution.

Click here to post comments.

Join in and write your own page! It's easy to do. How?
Simply click here to return to Business Analyst Skills
.





Search For More Business Analysis Information

Custom Search

Earn Your Income From Home!

© 2006 - 2012 Stellar Force



.