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Standard Deviation - HP 12C Platinum User Manual

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96
Section 6: Statistics Functions

Standard Deviation

Pressing gv calculates the standard deviation of the x-values (s
y-values (s
). (The standard deviation of a set of data is a measure of the dispersion
y
around the mean.) The standard deviation of the x-values appears in the display
after gv is pressed; to display the standard deviation of the y-values, press
~.
Example: To calculate the standard deviations of the x-values and of the y-values
from the preceding example:
Keystrokes
gv
~
The formulas used in the hp 12c platinum for calculating s
estimates of the population standard deviation based on a sample of the
population. Thus, current statistical convention calls them sample standard
deviations. So we have assumed that the seven salespersons are a sample of the
population of all salespersons, and our formulas derive best estimates of the
population from the sample.
What if the seven salespersons constituted the whole population of salespersons.
Then we wouldn't need to estimate the population standard deviation. We can
find the true population standard deviation (σ) when the data set equals the total
population, using the following keystrokes.
Keystrokes
_
gv
~
*
It turns out that if you sum the mean of the population into the set itself and find the new s,
computed using the formulas on page 262, that s will be the population standard deviation,
σ, of the original set.
Display
Standard deviation of sales.
4,820.59
Standard deviation of hours
6.03
worked.
*
Display
Mean (dollars)
21,714.29
Number of entries + 1.
8.00
σ
4,463.00
x
σ
5.58
y
) and of the
x
and s
give best
x
y

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