Standard deviation is a statistical measure that quantifies the amount of variation or dispersion in a set of data values. It indicates how much individual data points differ from the mean of the data set. A low standard deviation means that the data points tend to be close to the mean, while a high standard deviation indicates that the data points are spread out over a wider range of values. This concept is crucial in understanding data distribution and variability, especially in contexts like analysis of variance (ANOVA), where it helps determine if the differences between group means are significant.
congrats on reading the definition of Standard Deviations. now let's actually learn it.