![]() Three possible scenarios with Standard deviation equation is This Excel shows whether your data is near or close to the average (mean) value or not. Standard deviation is a calculation that determines how much your values or datasets deviate (spread out) from the AVERAGE or MEAN value. who is going to win an election) & weather prediction. ![]() It is also used in election polls and survey results (i.e.Financial analyst often uses it for measuring and managing risk for a specific portfolio or fund. Investors most commonly use it to measure the risk of a stock (a measure of stock volatility over a period of time).Standard Deviation function can be used as a worksheet function & can also be applied by using VBA code.Sample (STDEV.S) Standard Deviation in Excel Excel functions, formula, charts, formatting creating excel dashboard & others
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