Standard Deviation Calculator Formula & How It Works
- μ or x̄ = mean of the data set
- N = total number of data points
- Population SD (σ): divide by N (know the whole population)
- Sample SD (s): divide by N−1 (Bessel's correction for sample data)
Standard deviation measures the spread of data around the mean. Low SD → data points cluster close to the mean. High SD → data is spread out. Use population SD when you have the complete population data; use sample SD (with N−1) when your data is a sample from a larger population — this corrects for underestimation bias.