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What are some practical examples of the use of standard deviation in data use for business?

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Advance Math

What are some practical examples of the use of standarddeviation in data use for business?

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Standard deviation is a measure of how spread out a data set is Its used in a huge number of applications In finance standard deviations of price data are frequently used as a measure of volatility In opinion polling standard deviations are a key part of    See Answer
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