Definition of Population Values
Let X be a random variable with mean value μ:
Here the operator E denotes the average or expected value of X. Then the standard deviation of X is the quantity
That is, the standard deviation σ (sigma) is the square root of the variance of X, i.e., it is the square root of the average value of (X − μ)2.
The standard deviation of a (univariate) probability distribution is the same as that of a random variable having that distribution. Not all random variables have a standard deviation, since these expected values need not exist. For example, the standard deviation of a random variable that follows a Cauchy distribution is undefined because its expected value μ is undefined.
Read more about this topic: Standard Deviation
Famous quotes containing the words definition of, definition, population and/or values:
“Perhaps the best definition of progress would be the continuing efforts of men and women to narrow the gap between the convenience of the powers that be and the unwritten charter.”
—Nadine Gordimer (b. 1923)
“I’m beginning to think that the proper definition of “Man” is “an animal that writes letters.””
—Lewis Carroll [Charles Lutwidge Dodgson] (1832–1898)
“A multitude of little superfluous precautions engender here a population of deputies and sub-officials, each of whom acquits himself with an air of importance and a rigorous precision, which seemed to say, though everything is done with much silence, “Make way, I am one of the members of the grand machine of state.””
—Marquis De Custine (1790–1857)
“Normality highly values its normal man. It educates children to lose themselves and to become absurd, and thus to be normal. Normal men have killed perhaps 100,000,000 of their fellow normal men in the last fifty years.”
—R.D. (Ronald David)