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What Does the Standard Deviation Statistic Tell You

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Short Answer

What does the standard deviation statistic tell you?


Definitions:

Industry Standards

Set guidelines, specifications, or criteria established by consensus among businesses in a specific industry to ensure quality, safety, and efficiency.

Stewardship

The responsible overseeing and protection of something considered worth caring for and preserving.

Evaluation

The systematic process of assessing and measuring the efficiency, effectiveness, or performance of a project, policy, or individual.

Research

The systematic investigation and study of materials and sources in order to establish facts and reach new conclusions.

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