How does standard deviation measure variability in your data set?
When you dive into a dataset, one of the first things you might want to know is how spread out your data points are. This is where standard deviation comes in handy. It's a statistical measure that tells you how much variation or dispersion there is from the average (mean) of a dataset. In other words, it quantifies the degree to which each number in the set is different from the mean and hence from every other number in the set. If your data points are close to the mean, your standard deviation will be low, indicating that the data points tend to be very similar to each other. Conversely, a high standard deviation indicates that the data points are spread out over a larger range of values and thus, more variable.