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Meaning of “standard deviation” in the English Dictionary

"standard deviation" in Business English

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standard deviationnoun [C or U]

uk   us   GRAPHS & CHARTS, MEASURES
a measurement of the degree to which each number in a set of numbers is different from the average: standard deviation from sth A fund's performance is measured using its standard deviation from the average profits of all the funds in its category.
(Definition of standard deviation from the Cambridge Business English Dictionary © Cambridge University Press)
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