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Standard Deviation

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Routledge Dictionary of Economics, Second Edition

standard deviation (C1)

A measure of the dispersion of values of a variable about its ARITHMETIC MEAN that is calculated as the square root of the sum of the differences between each of those values and the arithmetic mean divided by the number of values minus one.

See also: mean deviation; variance

This is the complete article, containing 50 words (approx. 1 page at 300 words per page).

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Standard Deviation from Routledge Dictionary of Economics, Second Edition. ISBN: 0-203-00054-4. Published: 2005–06–05. ©2009 Taylor and Francis. All rights reserved.



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