Standard deviation (S.D) or

is the measure of the spread of a series from its
mean value.
S.D. indicates the differences and variability which a set of number has.
S.D. is mathematically the square root of
variance which is defined as the
mean of the square of the differences between the elements and their
mean:

The steps to calculate the standard deviation are:
1. Calculate the
mean of the series.
2. Calculate the differences between the elements and the
mean:

for all elements.
3. Calculate the squares of the differences.
4. Calculate the
mean of the squares by adding all the squares and dividing by the number of elements.
5. Calculate the square root of the the
mean. This is the
standard deviation.
Example: Calculate the standard deviation of the series {1,3,12,5,9}.
Solution: The standard deviation can be calculated as follows:
1.
Mean of the series = (1+3+12+5+9)/5 = 30/5 = 6
2. The differences between the individual elements and
mean would be: {1-6, 3-6, 12-6, 5-6, 9-6} = {-5,-3,6,-1,3}
3. The squares of the differences would be {25,9,36,1,9}.
4. The
mean of the squares would be (25+9+36+1+9)/5 = 80/5 = 16
5. The square root of the
mean of squares would be

= 4
Thus the
standard deviation would be
4.
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