Standard Deviation Calculator
Use this calculator to easily calculate the standard deviation of a sample, or to estimate the population standard deviation based on a random sample from it. The standard deviation calculator will also ouput the variance, arithmetic mean (average), range, count, and standard error of the mean (SEM).
What is standard deviation?
Standard deviation is a term in statistics and probability theory used to quantify the amount of dispersion in a numerical data set, that is - how far from the normal (average) are the data points of interest. "Standard deviation" is often concatenated to SD or StDev and is denoted by the Greek letter sigma σ when referencing a population estimate based on a sample and the small Latin letter s when referencing sample standard deviation which is directly calculated.
Standard deviation is calculated as the square root of the variance, while the variance itself is the average of the squared differences from the arithmetic mean. We square the differences so that larger departures from the mean are punished more severely, and it also has the side effect of treating departures in both direction (positive errors and negative errors) equally. The standard deviation is preferred over the variance when describing statistical data since it is expressed in the same unit as the data itself. Our standard deviation calculator also calculates the variance for you.
A low SD means that the data points are clustered around the mean while a high SD indicates that data is spread over a wide range of values. The graph below illustrates the point by comparing two distributions of 18 elements each, with different standard deviations (2.26 and 8.94):
Standard deviation formula
There are two formulas you should use, depending on whether you are calculating the standard deviation based on a sample from a population or based on the whole population.
If it is from a sample:
The formula if the data represents the whole population of interest:
In the formula above, x is a data point, x (read "x bar") is the arithmetic mean, and n is the number of elements in the data set (count). The summation is for the standard i=1 to i=n sum. Our standard deviation calculator supports both formulas with the flip of a switch.
In most cases you will find yourself using the sample standard deviation formula, as most of the time you will be sampling from a population and won't have access to data about the whole population. This formula our calculator uses in this case is known as the "corrected sample standard deviation" and it is not unique as unlike the mean and variance, there is no single formula that is an optimal estimator across all distributions. This formula, for example, can be heavily biased for n < 10.
In certain cases, you will have information about the whole population, for example if the population of interest is students in a class or a school, at a given time, it is possible to have the grades for all of them. However, most often the population of interest will span across time and cover too many individuals to be practically measured.
How to interpret the standard deviation?
As already shown in the example above, a lower standard deviation means lower dispersion in a data set - the data is more clustered around the mean. This quality means that standard deviation measures and estimates can be used to denote the precision of measuring tools, instruments, or procedures in physics, medicine, biology, physiology, chemistry, and so on. It can be thought of as a measurement of uncertainty - expected, known or accepted, depending on context.
In many situations you will be presented by a statistical cut-off point in standard deviations. These can be equated to percentiles - what percentage of cases lie x standards deviations from the expected value. Here are some key levels and percentile cut-offs:
Table of commonly used standard deviation cut-offs for normally distributed variables:
|Standard deviation||Percentile (1-sided)||Percentile (2-sided)|
So, if an observation is 1.645 standard deviations from the expected value, it is in the top 2.5 percentile of the population of interest. 2-sided refers to the direction of the effect you are interested in. In most practical scenarios the 1-sided number is the relevant one. In population studies, the 2-sided percentile is equivalent to the proportion within the bound specified by the standard deviation.
A geometrical interpretation would be that the standard deviation represents the portion of the area of a distribution that is included or excluded.
Practical applications and examples
Standard deviations have an array of practical uses, most notably linked to statistics and measurements, which is why this standard deviation calculator is in our "Statistics" category.
In statistical inference through null-hypothesis statistical tests the procedure is to establish what the expected distribution of outcomes from a test is, assuming a set of conditions are true, and then compare the actually observed data (converted to standard deviation measures) to that expected outcome. If the observed experimental data departs significantly from the expectation, there may be ground for inferring a breakthrough. Such results are often called "statistically significant".
Different practical situations require for different thresholds (levels of statistical significance), which can be expressed in terms of standard deviations, say 2 standard deviations from the expected, or in terms of percentage probability of the observation under the null: 5%, 1%, etc. A value which is 1.96 standard deviations from the null cutoff will only be seen 5% of the time if the null hypothesis is in fact true. The number of standard deviations of an observation is often referred to as the Z-score. The experiments in CERN through which gravitational waves were discovered, for example, had a threshold of 6-sigma, so the observations from the experiment had to be extremely unlikely before a discovery was to be announced.
One reason the standard deviation of the mean (standard error of the mean, SEM) is the statistic of choice (and why we show it in our standard deviation calculator) is that it is usually normally distributed, even if the underlying data is not. Thus, very often it is the mean of the experimental data which is compared to the expected mean and standard deviation of the mean, not individual data points.
Standard deviation of the price fluctuations of a financial asset (stock, bond, property, etc.) is widely used to estimate the amount of risk of single assets or asset portfolios by financial managers and academic papers. This is, however, a hotly debated issue with many prominent financial practitioners denouncing the equation of risk and standard deviation. A popular technical analysis tool - the Bollinger Bands, is effectively plotting lines 2 standard deviations in either direction from the mean price of a given rolling period.
Since standard deviation and other statistical tools only apply to stationary series, and financial data is non-stationary, it needs to be transformed by removing trend, seasonality, and auto-correlation from the data, usually by way of differencing using complex regressions like ARIMA (AutoRegressive Integrated Moving Average) and exponential smoothing models.
Standard deviations often accompany climate data like mean daily maximum and minimum temperatures, as they help us understand how often and by how much they fluctuate. For example, coastal locations often have smaller temperature deviations when compared to inland locations, making the typical weather quite different, even if they have the same average temperature.
Cite this calculator & page
If you'd like to cite this online calculator resource and information as provided on the page, you can use the following citation:
Georgiev G.Z., "Standard Deviation Calculator", [online] Available at: https://www.gigacalculator.com/calculators/standard-deviation-calculator.php URL [Accessed Date: 24 Apr, 2018].