Standard deviation - Wikipedia
https://en.wikipedia.org/wiki/Standard_deviationSuppose that the entire population of interest is eight students in a particular class. For a finite set of numbers, the population standard deviation is found by taking the square root of the average of the squared deviations of the values subtracted from their average value. The marks of a class of eight students (that is, a statistical population) are the following eight values: These eight data points have the mean (average) of 5:
68–95–99.7 rule - Wikipedia
https://en.wikipedia.org/wiki/68–95–99.7_ruleIn statistics, the 68–95–99.7 rule, also known as the empirical rule, is a shorthand used to remember the percentage of values that lie within an interval estimate in a normal distribution: 68%, 95%, and 99.7% of the values lie within one, two, and three standard deviations of the mean, respectively. In mathematical notation, these facts can be expressed as follows, where Χis a…
Why Three Standard Deviations? - Quality Digest Magazine
www.qualitydigest.com › feb06 › departmentsIf you wanted to approximate the overall risk you're taking in using three standard deviations, I suppose you could calculate 1 - (0.997) n (the 0.997 famous from control-chart theory, which uses three standard deviations), which translates to risks of 1.8 percent, 1.5 percent and 14.4 percent, respectively, for our n = 6, 5 and 51. This is conservative in the first two cases and more risky when comparing the 51 physicians, but it gets the conversation started.
68–95–99.7 rule - Wikipedia
en.wikipedia.org › wiki › 68–95–99In statistics, the 68–95–99.7 rule, also known as the empirical rule, is a shorthand used to remember the percentage of values that lie within an interval estimate in a normal distribution: 68%, 95%, and 99.7% of the values lie within one, two, and three standard deviations of the mean, respectively.