In Probability and Statistics, the standard deviation of a statistical population or data set is a measure of how much variation or dispersion exists from its average value. It is defined as the square root of the variance.

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Weighted Standard Deviation for Histogram Bin Height

I'm plotting some binned data in the form of a histogram. Say I have 10 data points, each composed of a bin to be placed in, and then a "height". Then I might have something like: Bin Height 0 - ...
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Welford's algorithm for standard deviation: combine multiple sets of results

Suppose I use Welford's algorithm to compute the standard deviation of multiple sets of values. I only store all the n, mean and M2 results that the algorithm calculates, thus I have these three ...
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How do I set a problem like this up in my calculator?

"It is known that Lemmings (a small rodent like creature) have a mean body weight of 63.5 grams with a standard deviation of 12.2 grams. If the weights are distributed normally find the probability ...
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What makes standard deviation a good measure of dispersion from the mean?

Standard deviation formula: If I just want to measure the amount of dispersion from the mean, why can't it be just an average of the absolute differences of each term from the mean? Something like ...
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433 views

Converting standard deviation number

This is math finance question. I'm trying to figure out the formula for converting the standard deviation of % changes in prices for a sample of days into the standard deviation of % changes in prices ...
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10 views

Standard deviation on population vs sample

I have a problem in which I'm not sure whether to use the formula for standard deviation for a population, or standard deviation for a sample. The problem goes as follows: "Taxes: The increases of ...
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17 views

Finding variance and standard deviation of a random variable in an equation

Suppose that X is a random variable with mean 17 and standard deviation 5. Also suppose that Y is a random variable with mean 45 and standard deviation 11. Find the variance and standard deviation of ...
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23 views

Finding the mean of a random variable in an equation given standard deviation and mean

Please help! What do I plug into these equations to solve for the mean of Z?? Suppose that X is a random variable with mean 23 and standard deviation 5. Also suppose that Y is a random variable with ...
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Sample Standard Deviation vs. Population Standard Deviation

I have an HP 50g graphing calculator and I am using it to calculate the standard deviation of some data. In the statistics calculation there is a type which can have two values: Sample Population I ...
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25 views

Help solving: Normal Distribution problem without using the table OR with a given std

For a recent history test, scores follow the normal distribution with a mean of 70 points. 80% of the students scored below 88 points. What is the standard deviation of the scores? I have done a lot ...
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What is probability that the house income [closed]

The mayor of the town of Quahog, role island, Adam west, conducted a study to determine the mean household income of his constituents. the study surveyed 1750 households and determined that the sample ...
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24 views

What does the multiplication of standard deviation of two variables gives?

If we need to find the correlation between two variables it is given by the formula - co variance of two variables divided by the multiplication of Standard deviation of the two variables. My ...
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Is there a term for the (X - X BAR) section of the standard deviation formula?

That section I have highlighted - what is it called? I thought it may be called the "Mean Deviation" - but mean deviation implies that we are dealing with absolute values.
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Understanding standard deviation

If the mean is 50 and the standard deviation is 10. I am told that this means that "most of my data" falls within 10 points of 50. So "most of my data" is between 40 and 60. But what does this ...
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17 views

Normalize or standardize dataset

I have the following data-set: -user: 1, words:300, edits:200 -user: 2, words:200, edits:180 -user: 3, words:250, edits:230 -user: 4, words:150, edits:170 Can I normalize or standardize these ...
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1answer
13 views

How to find the mean variable of a normal distribution with a given probability and standard deviation?

We have a machine that produces µ g of pasta to be stored in their package, with a standard deviation of 20g. It follows a normal distribution. And we don't want it to produce more than the package's ...
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21 views

Standard Deviation of a Magic Square

I'm not sure if this is the right stackexchange to post this question to, but I was just wondering if someone had the answer to an interesting observation I've made. I've written a program that ...
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10 views

How to 'adjust' a series mean to match another series mean

I have 2 data series that I would like to compare. Perhaps it's best to show a graphic of the series as they are now ... and what I would like to do ... Basicaly, I would like to visually ...
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10 views

How are standard deviations compounded over multiple periods?

I am using a simple compound interest formula to calculate the value of an investment over 18 years. I have access to the standard deviation of the investment, based on its asset allocations, which ...
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2answers
20 views

gre standard deviation probability

I have solved it ,but my answer is wrong above mean mean + n S.d Below mean mean-n s.d S.d' standard deviation and 'n' is number of time s.d
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Uncertainty of measurement with goniometer

I got a goniometer with scale -90 to 90 degree. I use only 0 to 90 degree. One section of the scale has 1 degree. I read a value of $62^\circ$. What is the uncertainty of this measurement? I thougt ...
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1answer
322 views

Statistics Question: Revenue & Cost

Data for costs of production for a firm every month from January 2001 to December 2002. Data is denoted by $d_1, d_2,...,d_{24}$. The following info is calculated from the data set. Mean cost = ...
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18k views

is it possible to calculate the standard deviation with a given mean and sample size?

I have been going in rounds with this problem... I may be thinking "complicated", any advice? I have the mean and total sample size (=number of data points) and I need to know what is the standard ...
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Error of standard deviation of a Bradley Terry model

I have a set of pairwise comparisons which I can fit the Bradley-Terry Model to. I am fitting it using a simple iterative algorithm according to Algorithm 1 of A Generalized Bradley-Terry Model: From ...
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42 views

How to calculate the standard deviation of numbers with standard deviations?

I have essentially a propagation-of-error problem I run into frequently with my scientific data. For example, I have three samples, each of which I take two measurements of. So, for each sample, I can ...
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24 views

Is the sample variance for normally distributed data equivalent to the sample variance for data following a bernoulli or binomial distribution?

For normally distributed data, sample variance $s^2$ is: $$s^2 = \frac1{n-1}\sum (Y_i - \bar Y)^2$$ For a bernoulli distribution, sample variance is: $$\frac{\hat p \hat q}{n-1}$$ $\hat p = ...
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821 views

Statistics - Z-score confusion.

For z score, you are taking the sample value subtracting population mean and dividing it by std deviation. Is that correct so far? Now, the "sample value" is defined by an equation. In my scenario, I ...
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34 views

Finding variance from bell curve

Find variance from the graph given. I know the mean is 6 but I have no idea how to find the variance using this graph
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344 views

Variance of a max function

Say $x_1$ and $x_2$ are normal random variables with known means and standard deviations and $C$ is a constant. If $y = \max(x_1,x_2,C)$, what is $\mathrm{Var}(y)$? Well, I forgot to tell that $x_1$ ...
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15 views

Normal distribution of juice

Quantity of juice in a pack of 1L is normaly distributed with average (mean) 950ml, and with standard deviation of 10ml. What is the probability that random pack of juice contains less then 945ml of ...
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394 views

Comparing annualised volatility from monthly and annual data

I fear there is a very simple answer to this question and its killing me that I can't see it. I am interested in calculating historical volatility: I have monthly index values starting in Jan 2005 ...
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7answers
106 views

Why is variance squared?

The mean absolute deviation is: $$\dfrac{\sum_{i=1}^{n}|x_i-\bar x|}{n}$$ The variance is: $$\dfrac{\sum_{i=1}^{n}(x_i-\bar x)^2}{n-1}$$ So the mean deviation and the variance are ...
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23 views

Finding probability given mean and standard deviation

I don't know how to approach this problem: X is normally distributed with a mean of 200 and a standard deviation of 10. Find P(X ≥ 203)
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Finding groups with minimum mean deviation

Is there any algorithm that groups consecutive elements in an array that gives the minimum mean deviation. For example we are given an array a=[1,2,3,4,8,2,3,5] There can be many "consecutive" ...
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34 views

Beginner Econometrics question about probabilities for a normal variable

$Y \sim N(\mu, \sigma^2)\implies (Y-\mu)/\sigma$ Prove that this has a Mean of $0$ and a Variance of $1$.
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When plotting a bell curve from an array of values, is it possible that +/- 2 standard deviations from the mean can fall outside the range of values?

First, this is not homework, it is actually for work. It's been a couple of years since I've done stats and need some help! I've googled for this problem but was unavailable to find any resources that ...
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47 views

Finding the 99% of a normally distributed graph

The heights of adults are normally distributed with a mean of 187.5 cm and a standard deviation of 9.5 cm. A standard doorway is designed so that 99% of adults have a space of at least 17 cm over ...
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Statistics - Calculating Mean given standard deviation and percentage.

This is one of our homework problems for Statistics. I'm really stuck on this one, and it would be great if someone could show me how to solve this, or at least set up the equation. The weights of ...
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40 views

Unbiased sample standard deviation of a custom/unknown probability distribution

Hi i must determine the unbiased sample standard deviation of an unknown probability distribution.I dont have the data of the full population so i must work with a sample. Now according to Wikipedia ...
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How can I describe uniformity in a group of values?

I have a matrix of 128x128 (6384 numerical values) referring to light intensity. I will like to know how to calculate the uniformity of the values and I am currently using the standard deviation to ...
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158 views

Measure dispersion of a set of values resides in a range

I want to know what is best method to calculate (measure) the statistical dispersion of a set of values resides between a range. Scenario: My goal is to build an index. I have two methods that ...
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70 views

Length of Gaussian distributed variables

Suppose I have a set of random variables $x_1,...,x_n$ s.t. $x_i\sim N(\bar{x}_i,\sigma_i^2)$. And I define a new variable $x=\sqrt{x_1^2+...+x_n^2}$, then will $x$ also be normally distributed? And ...
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35 views

How to estimate the standard deviation in this normal distribution?

There is this simple looking basic statistics question that asks to estimate its mean and standard deviation. I have some doubts and just want to make sure whether my working is correct. For part ...
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23 views

Standard deviation in normal distribution

A manufacturer uses a machine to make metal rods.The diameter of the rods follow a normal distribution with a mean of 1cm and a standard deviation of 0.02cm If the standard deviation of the diameters ...
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Showing deviation of data on a fixed scale

I'm creating a chart in D3 which shows the Mode from a large (1mil +) dataset; and colors it according to the standard deviation of the dataset. But the issue is that I need to map the range (Red ...
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18 views

Finding the percentile of a value given other percentiles

I am using someone else's research and only have part of the data. I want to find the percentile of a value, such as 350.2, based upon the data given. The following is known: mean = 308.2 The ...
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17 views

Standard deviation of travel times

Suppose that travel times for Swinburne students are normally distributed with mean of $32.5$ minutes and a standard deviation of $5$ minutes. Complete the following sentence, giving figures correct ...
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69 views

GRE - Standard Deviation

The frequency distributions shown above represent two groups of data. Each of the data values is a multiple of 10. Quantity A = The standard deviation of distribution A Quantity B = The standard ...
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347 views

Relationship between expected and actual value

Consider a zoo with two animals: an elephant and a lion. The elephant's expected lifespan is $70$ years, but it lives to be $65$ years ($SD = 7$). Likewise, the lion's expected lifespan is $22$ years, ...