What Is Standard Deviation?
Sample vs. Population
Population standard deviation divides the sum of squared deviations by n. Sample standard deviation divides by n − 1 (Bessel's correction) and is used when the data is a sample drawn from a larger group.
Example
For 2, 4, 4, 4, 5, 5, 7, 9 the mean is 5 and the population standard deviation is exactly 2.
The 68-95-99.7 Rule
For data that follows a normal distribution, about 68% of values fall within one standard deviation of the mean, 95% within two, and 99.7% within three.
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Last updated: September 27, 2026. This definition is for general educational purposes only. It is not financial, investment, tax, legal, or medical advice, and it does not recommend any product or course of action. For decisions about your own situation, consult a qualified professional.