Complete the chart below by putting an "X" in the appropriate box:
Definitions:
Standard Deviations
A measure of the amount of variation or dispersion in a set of values, often used to quantify the spread of a probability distribution.
Observations
Observations refer to the act of watching or noticing something or the data collected during this process, usually as part of a study or experiment.
Crude Oil Prices
The cost per barrel of crude oil on the commodities market, which fluctuates due to various factors including supply and demand, geopolitical events, and market speculation.
Median Price
The middle value in a list of prices, where half the prices are higher and half are lower.
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