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Many statistics and statistical tests can be computed by hand and by using statistical software or programs like Microsoft Excel . Watch the LinkedIn Learning
Many statistics and statistical tests can be computed by hand and by using statistical software or programs like Microsoft Excel.
Watch the LinkedIn Learning video, "Understanding Standard Deviation," available via the access link in the Wk 3 Learning Activities folder. As you watch, note the equation for computing standard deviation and the method for using Microsoft Excel to compute the standard deviation of a sample.
Respond to the following
- What are the potential benefits and challenges of choosing to compute standard deviation by hand?
- What are the potential benefits and challenges of choosing to compute standard deviation using Microsoft Excel?
- Why might you choose one approach over the other?
- What would you prefer? Why?
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