Question Description
Implications of Difference in Standard Deviation Size
This week, we are covering an important concept that is widely used in a variety of fields: the standard deviation. The standard deviation is a measure of how close together a set of data is grouped. In Chapter 2 of your text, Kozak (2014) stated:
“In general a “small” standard deviation means the data is close together (more consistent) and a “large” standard deviation means the data is spread out (less consistent). Sometimes you want consistent data and sometimes you don’t. As an example if you are making bolts, you want to lengths
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