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What is meant by standard deviation? What are its main merits or characteristics?

Answer» <html><body><p></p>Solution :Standard <a href="https://interviewquestions.tuteehub.com/tag/deviation-950382" style="font-weight:bold;" target="_blank" title="Click to know more about DEVIATION">DEVIATION</a> is the <a href="https://interviewquestions.tuteehub.com/tag/square-650836" style="font-weight:bold;" target="_blank" title="Click to know more about SQUARE">SQUARE</a> <a href="https://interviewquestions.tuteehub.com/tag/root-1190914" style="font-weight:bold;" target="_blank" title="Click to know more about ROOT">ROOT</a> of the arithmetic <a href="https://interviewquestions.tuteehub.com/tag/mean-1091459" style="font-weight:bold;" target="_blank" title="Click to know more about MEAN">MEAN</a> of the <a href="https://interviewquestions.tuteehub.com/tag/squares-1223400" style="font-weight:bold;" target="_blank" title="Click to know more about SQUARES">SQUARES</a> of all deviations. Devations being measured from the arithmetic mean of the items.<br/>Merits :- <br/>1. Based on all values.<br/>2. A certain measure.<br/>3. Little effect of a change in sample.<br/>4. Algebraic Treatment.</body></html>


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