In the Formula for the Standard Deviation,the Symbol S Stands

question 79

Multiple Choice

In the formula for the standard deviation,the symbol S stands for

• A) summation.
• B) sum of the squares.
• C) deviation from the mean.
• D) deviation from the normal distribution.

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Definitions:

Sample Size

It refers to the number of observations or individuals taken from a population for the purpose of statistical analysis.

Population Standard Deviation

An indicator of the extent of variability or spread within a complete set of data points in a population.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values deviate from the mean of the set.

Mean Purchase

The average value or amount of purchases made over a specific period of time.