The standard deviation is the standardized, average variation of the values from the mean and helps indicate the shape of a data distribution and determine outliers.

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Quizplus · Accepted Answer

This statement is true. The standard deviation is a measure of the amount of variation or dispersion of a set of values from the mean, and it helps to describe the shape of the data distribution and identify any outliers.

The Standard Deviation Is the Standardized, Average Variation of the Values