Home › CBSE Class 11 (Arts) › Economics › Use of Statistical Tools › Why is standard deviation easier to interpret th…
Why is standard deviation easier to interpret than variance?
AIt ignores extreme values
BIt is always below one
CIt shares the data's unit
DIt never needs a mean
Answer & Solution
Correct answer: C. It shares the data's unit
Variance is in squared units, whereas the standard deviation is expressed in the data's own unit.
Related questions
Standard deviation measures variation about which average?Which ratio of standard deviation to mean is dimensionless?The standard deviation of repeated sample means is called what?Variance is the average of which quantities?The standard deviation is the square root of which measure?In a normal distribution, what share lies within one standard deviation?A data set has a high standard deviation. What does this show?A low standard deviation shows that the values are what?