Hello guys, I am doing some uni work and need to do some statistics using MiniTab. However, the program showed me that SD (standard deviation) is 888, it seems like a very large number, so maybe I did something wrongly? Thanks.
SD is a measure of variation. Without the data, I don't know how we can determine if the SD is too large. Perhaps, there was a wide variation in the data. I don't do MiniTab but is there a way to assure that 888 is the SD and not the Variance?
Hello, thanks for your answer. I am pretty sure it is SD as the program writes StDev above the number 888. I am enclosing the date set as well as the results I got. If you can have a quick look I would appreciate it very much
and the data set
your standard deviation looks corerct have you noticed that there are few outliers in your dataset ?
they are the reason for such huge standard deviation
yes, I did, but I had never seen SD that large that's why I was so confused. Thank you so much
standard deviation is not a good measure of spread in a dataset with outliers
you may use IQR instead
or you could also disregard the outliers
Alright, thank you very much
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