Mathematics · Statistics
Which of the following statements is correct regarding the standard deviation?
- 1It represents the exact middle value in the dataset
- 2It is the most widely used measure of statistical dispersion✓
- 3It is the difference between the highest and lowest values in the dataset
- 4It is calculated by dividing the sum of all values by the number of values
Correct answer
It is the most widely used measure of statistical dispersion
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