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Measures of Dispersion — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMeasures of Dispersion1 Mark
Question
How is the computed value of standard deviation interpreted?
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Answer

The greater the standard deviation, the greater the scatteredness of the values from their mean and the smaller the standard deviation, the greater the uniformity in the observations.

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