Home »
MCQs »
Data Analytics and Visualization MCQs
STDEV.P function which is used to calculate standard deviation based on the entire population?
10. STDEV.P function which is used to calculate standard deviation based on the entire population?
- True
- False
Answer: A) True
Explanation:
When the entire population is given as arguments, the STDEV.P function is used to calculate the standard deviation. The STDEV.P function makes the assumption that the arguments it receives represent the entire population. In a sample set of data, the standard deviation is calculated using the STDEV.S() function. When a large sample size is used, the standard deviations of the population and the samples will have values that are very close to one another.