Examlex
In the context of interpreting data,identify the most accurate statement.
Standard Deviation
Standard deviation is a statistical measure of the dispersion or variability of a set of data points around their mean, indicating how spread out the data points are.
Mean
A measure of central tendency that is calculated by dividing the summation of all values in a data set by the number of values.
Laws Of Variance
Principles that describe how variance behaves in different statistical distributions and under various transformations.
Probability Distribution
A function in mathematics that determines the chances of different outcomes for a given experiment.
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