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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Standard deviation
Dear sir
The purpose of standard deviation is to find out whether the values are closely around the mean ( average value ) or loosely around the mean
And the above word values
Implies any values
Perhaps
-Salaries /wages
– no of kidnapped children under 6 years
Or anything
Am I correct sir
( for understanding purposes)
Yes, you are correct.
