Standard Deviation Calculator

Standard Deviation Calculator

Standard Deviation Calculator

Calculate the standard deviation, variance, mean, sum, and count of your dataset. Enter numbers separated by commas to get started.

Results

Count (n):
Sum:
Mean (μ):
Variance (σ²):
Standard Deviation (σ):

Calculation Steps

Enter your data and click Calculate to see the step-by-step calculation process.

Understanding Standard Deviation

What is Standard Deviation?

Standard deviation is a statistical measure that quantifies the amount of variation or dispersion in a set of data values. A low standard deviation indicates that the data points tend to be close to the mean, while a high standard deviation indicates that the data points are spread out over a wider range of values.

Why is Standard Deviation Important?

Standard deviation is widely used in various fields including finance, research, quality control, and weather forecasting. It helps in understanding:

  • How much variation exists in a dataset
  • How spread out the data points are from the mean
  • The reliability of statistical conclusions
  • The risk and volatility in financial investments

Standard Deviation Formulas

Population Standard Deviation: σ = √[Σ(x - μ)² / N]

Sample Standard Deviation: s = √[Σ(x - x̄)² / (n - 1)]

Where:

  • σ (sigma) represents population standard deviation
  • s represents sample standard deviation
  • Σ means "the sum of"
  • x represents each value in the dataset
  • μ (mu) represents the population mean
  • x̄ (x-bar) represents the sample mean
  • N is the number of values in the population
  • n is the number of values in the sample

Step-by-Step Calculation Process

  1. Calculate the mean (average) of the dataset
  2. Find the differences between each data point and the mean
  3. Square each difference to eliminate negative values
  4. Sum all the squared differences
  5. Divide the sum by the number of data points (for population) or by n-1 (for sample)
  6. Take the square root of the result to get the standard deviation

When to Use Population vs Sample Standard Deviation

Use population standard deviation when your dataset includes all members of the population you're studying.

Use sample standard deviation when your dataset is only a sample of the entire population. The sample standard deviation includes Bessel's correction (dividing by n-1 instead of n) to provide a better estimate of the population standard deviation.

Examples

Example 1: Basic dataset

Data: 5, 10, 15, 20, 25

Mean: (5+10+15+20+25)/5 = 15

Variance: [(5-15)² + (10-15)² + (15-15)² + (20-15)² + (25-15)²]/5 = 50

Population Standard Deviation: √50 ≈ 7.07

Example 2: Test scores

Data: 85, 90, 78, 92, 88

Mean: (85+90+78+92+88)/5 = 86.6

Variance: [(85-86.6)² + (90-86.6)² + (78-86.6)² + (92-86.6)² + (88-86.6)²]/5 ≈ 24.64

Population Standard Deviation: √24.64 ≈ 4.96

Example 3: Sample data

Data (sample): 3, 5, 2, 7, 4, 6

Mean: (3+5+2+7+4+6)/6 = 4.5

Sample Variance: [(3-4.5)² + (5-4.5)² + (2-4.5)² + (7-4.5)² + (4-4.5)² + (6-4.5)²]/(6-1) = 3.5

Sample Standard Deviation: √3.5 ≈ 1.87

Example 4: Monthly temperatures

Data: 72, 75, 68, 80, 77, 73, 70, 79, 82, 75, 76, 74

Try calculating this dataset to practice working with larger sets of numbers.

Example 5: Stock prices

Data: 145.3, 147.8, 149.2, 144.5, 146.7, 150.1, 148.9

Financial data often uses standard deviation to measure volatility.

Example 6: Student heights

Data (in cm): 165, 172, 168, 158, 174, 169, 171, 166

Biological measurements often follow a normal distribution.

Example 7: Website load times

Data (in ms): 120, 135, 118, 142, 125, 130, 128, 137

Performance metrics where lower standard deviation indicates more consistent performance.

Example 8: Product weights

Data (in g): 500, 502, 499, 498, 503, 501, 497, 500, 502, 499

Quality control example where low standard deviation is desirable.

Frequently Asked Questions

What is standard deviation?

Standard deviation is a statistical measure that quantifies the amount of variation or dispersion in a set of data values. A low standard deviation indicates that the data points tend to be close to the mean, while a high standard deviation indicates that the data points are spread out over a wider range of values.

What's the difference between population and sample standard deviation?

Population standard deviation (σ) is used when you have data for the entire population you're studying. Sample standard deviation (s) is used when you have only a sample of the entire population.

The formula for population standard deviation divides by N (the number of data points), while sample standard deviation divides by N-1 to correct for sampling bias.

How do I interpret the standard deviation value?

A smaller standard deviation means data points are clustered closely around the mean, while a larger standard deviation indicates data points are more spread out. For normally distributed data:

  • About 68% of values fall within ±1 standard deviation from the mean
  • About 95% of values fall within ±2 standard deviations from the mean
  • About 99.7% of values fall within ±3 standard deviations from the mean
What is variance and how does it relate to standard deviation?

Variance (σ²) is the average of the squared differences from the mean. Standard deviation is the square root of the variance. While variance gives us a rough idea of data spread, standard deviation is more commonly used because it's in the same units as the original data.

Why would I need to calculate standard deviation?

Standard deviation is widely used in:

  • Finance - to measure investment risk and volatility
  • Quality control - to monitor process variations
  • Research - to analyze experimental results
  • Weather forecasting - to understand climate variations

A standard deviation of 0 indicates that all values in the dataset are identical. There is no variation between the data points - they're all the same value.

How many data points do I need to calculate standard deviation?

You need at least 2 data points to calculate standard deviation. With only one data point, there's no measure of variation possible. For meaningful results, it's generally recommended to have at least 20-30 data points, though this depends on your specific application.

Can standard deviation be negative?

No, standard deviation cannot be negative. It's always a positive value or zero. This is because it's derived from squared differences (which are always non-negative) and then taking the square root of that average.

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