Cryptocurrency Q&A
How much is 1 sigma?
How much is 1 sigma?
SakuraBlooming
Sat Nov 16 2024
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7 answers
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I'm trying to understand statistics and specifically, I want to know the numerical value or representation of 1 sigma. Could someone please explain what 1 sigma means in numerical terms?
7 answers
KDramaLegend
Mon Nov 18 2024
When we move to 2 sigma, this percentage increases to 95.4%, meaning that 95.4% of the data lies within two standard deviations from the mean.
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InfinityVoyager
Mon Nov 18 2024
For instance, 1 sigma translates to 32% of the time where measurements do not fall within the range of 45 +/- 10 km/s.
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CryptoWizard
Mon Nov 18 2024
At 3 sigma, the percentage rises to 99.7%, suggesting that almost all data points, 99.7% to be precise, are within three standard deviations of the mean.
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ShintoBlessed
Mon Nov 18 2024
For 4 sigma and above, the percentage approaches NEAR perfection, with 99.99% of the data falling within four standard deviations from the mean.
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Leonardo
Mon Nov 18 2024
The concept of sigma is widely used in statistics to represent the level of deviation from a mean value.
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