Learn Standard Deviation - Formula & Examples | Step-by-Step

In this video, we'll cover the basic concepts of population and sample standard deviation, which are two essential measures in statistics. We'll start by defining these terms and explaining their differences. We'll also discuss why it's important to understand these concepts, especially in fields such as economics, social sciences, and engineering.

Next, we'll walk you through the formula for calculating population and sample standard deviation, step by step. We'll use real-world examples to help you understand how to apply these formulas in practice, and we'll also show you how to use software like Excel to calculate these values.

Finally, we'll wrap up the video with a few key takeaways and some tips for using population and sample standard deviation in your own statistical analyses. Whether you're a student, researcher, or data analyst, understanding these concepts will help you make more informed decisions based on data.

So, if you're ready to dive into the world of statistics, hit the play button and join us for this informative and engaging video on population and sample standard deviation!

[d_oddy]

I have been learning about statistics for hours now, and here comes this

[SalmanHabib-kq]

Very Easy and simple explanation, Thanks

[wilkyclergeot]

Thank you so much incredible, however, we need more of it.

[hlonick]

We thank GOD for people like you sir🫶😭❤...you a great yuh can explain this better than any lecture in my university ..plz do a course for acturial science also..

I'm grateful

[andrewjustin]

Mr. Jayson, now I grasp the point that variance is sort of misleading whereof the actual answer required is the standard deviation. But look at this: In this equation
" s = E(xi-xbar)/N ", s and the bracket is squared. If I square it on both sides, I will have to square the denominator too, but in the actual formula, it is not. Please tell ne why is that so!

[bilalahmad]

Hello Sir,
Could you please help me with the Comparative study of two characters with a number of traits.

[jjsmallpiece]

Need to plot the normal/standard distribution curve. If memory serves correct 1SD = 67% of all results, 95% = 2 SD, 3SD = 97.7% of results

[namedrop]

I learned these topics in my stochastics class. You can imagine how confused I was.

[nelsonherrera]

I need to pass Statistics to continue my education.😐