5000+ Great Articles

How To Calculate Standard Deviation In Excel

In statistics, standard deviation is a measure of how scattered a dataset is in relation to its mean. In simple terms, it tells you how “distributed” a set of data points is.

This is useful for things like understanding how different student grades are in a class, or measuring how widely the temperature of something fluctuates over time. This can especially help you understand the differences between two datasets that may have the same mean.

Like two classrooms of students who have the same baseline overall average grade, but with multiple students who can be much worse (or much better) in one class and not in the other.

This is mathematically calculated by extracting the square root of the variance of the dataset. This article will show you how to calculate standard deviation in Excel.

Typical uses of standard deviation

There are many ways to manipulate data in Excel, and standard deviation functions are just another powerful tool available to you.

When do people usually use the standard deviation calculation? This is actually quite common for data analysis across many industries.

– /

Here are some examples:

How to calculate standard deviation in Excel

Regardless of why you might want to calculate the standard deviation of a dataset, Excel makes it very easy.

Excel has two forms of standard deviation.

Exit mobile version