Cryptocurrency Q&A
What SD value is good?
What SD value is good?
henry_harrison_philosopher
Mon Nov 04 2024
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7 answers
1654
I'm trying to figure out what a good SD value is. I know it stands for standard deviation, but I'm not sure how to interpret it or determine if a particular value is considered good or not.
7 answers
Lucia
Wed Nov 06 2024
Statisticians have conducted thorough analyses to ascertain the accuracy of measurements.
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EthereumElite
Wed Nov 06 2024
They have determined that values within a specific range are more indicative of the true value.
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CryptoTitan
Wed Nov 06 2024
This range is defined as being no greater than plus or minus 2 standard deviations (SD).
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JejuSunshineSoul
Wed Nov 06 2024
Measurements falling within this range are considered closer to the true value.
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RiderWhisper
Tue Nov 05 2024
Conversely, measurements that exceed this range, specifically those greater than ± 2SD, are less indicative.
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