They have the same average but mean something very different when you are planning your rent or mortgage payments. Situations ...

In some applications, a standard value may be available for the process standard deviation .This example shows how you can specify to compute the control limits. title 's Chart for Power Output'; ...

For example, a mutual fund that returns between 5% and 7% every single year has a lower standard deviation than a competing fund that returns between 6% and 16% every year, but that doesn't make ...

title 'Specifying Standard Process Mean and Standard Deviation'; symbol v=dot c=salmon; proc shewhart history=tape; xrchart weight*sample / mu0 = 1260 sigma0 = 15 xsymbol = mu0 cframe = bigb cinfill = ...

An example involving zoo keepers and some very dangerous animals demonstrates that even with the same mean, median and mode, samples can differ greatly. How to calculate standard deviation using ...