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With that, Excel can generate a series of random numbers based on the data entered and the standard deviation. With this data you can then create a curved chart, known as a bell curve.
The residual standard deviation describes the difference in standard deviations of observed values vs. predicted values in a regression analysis.
Learn the basics of calculating and interpreting standard deviation, and how it is used to measure and determine risk in the investment industry.
Standard Deviation indicates the volatility of the fund’s returns. Higher standard deviation means higher variation in returns and vice versa. In technical terms, it is a dispersion of returns from ...