i) Once you have calculated a standard deviation, discuss its meaning.? ii) Discuss the pros and cons...

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Statistics

i) Once you have calculated a standard deviation, discuss itsmeaning.?

ii) Discuss the pros and cons of the using the variance and thestandard deviation in their usefulness in data interpretation.

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i We calculate standard deviation to measure the dispersion of the data By dispersion we mean that how the data scatter or spread over the space More specifically we measure the distance of each data from the central value or the mean value to figure out the spreadness of the data ii    See Answer
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