2.7 Standard Deviation
Key Idea 2: The standard deviation will often be close to the mean absolute deviation...
Discussion
- The mean absolute deviation is more robust against a small proportion of unusually large or small numbers.
- The standard deviation has important statistical properties and is mathematically convenient.
Key Idea 3: When we take a sample of data and use its standard deviation to estimate the standard deviation of a larger population, dividing by n-1 instead of n gives a better estimate...
Discussion
- See Section 11.8 for more detail.
- For now, if you are using a computer or calculator, be aware of which method is used.