When you have the average production of three machines, it is easy to calculate the average or mean production. You just add ...

Flickr via Google Images Standard deviation is a concept that's thrown around frequently in finance. So what is it? When working with a quantitative data set, one of the first things we want to know ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Somer G. Anderson is CPA, doctor of ...

When reviewing cash flow data for your small business, knowing the standard deviation can help you determine if the numbers are out of whack. Calculating standard deviation manually can be ...

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Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

Standard deviation is a common statistical measurement and is defined by Oxford Dictionaries as: ‘A quantity expressing by how much the members of a group differ from the mean value for the group.’ In ...

Rate of return and standard deviation are two of the most useful statistical concepts in business. These two figures will tell you whether a business project is worth the investment and trouble, given ...

Choosing a roster with Matt Schaub, Adrian Peterson, Jamal Lewis, and Chad Johnson might win you four or five weeks by a large margin, but you'll lose all the weeks those four put up single digits. In ...