Standard deviation
The standard deviation measures the typical distance of data values from the mean, in the same units as the data.
The standard deviation summarizes spread as the typical gap between a value and the mean. The sample standard deviation is , where are the values, (x-bar) is the mean, and is the number of values. For example, a small means the data cluster tightly around the mean, while a large means they spread out widely. It is the square root of the variance, which returns the measure to the original units.
More describing data terms, or browse the full statistics glossary.