For the standard deviation, when do you use STDEV.S and when do you use STDEV.P? Variance Standard deviation Coeficient of Variation % (CV) The unit of physical measure associated with the standard deviation is the same as unit of data. When calculating variance, the unit is squared. When data is in inches, variance is in inches squared. Would you scale graphs and histograms in increments of variance or standard deviation? Explain why the standard deviation is more useful than the variance in scaling data. As a contracted statistician, you have no prior knowledge of the company's coffee product, and the company has no prior statistics with which to assess the current data. Explain to the manufacture why there is or is not a concern with average bag weight comparing your mean or median statistics at one decimal place to the nominal bag weight of 5 lbs.

For the standard deviation, when do you use STDEV.S and when do you use STDEV.P? Variance Standard deviation Coeficient of Variation % (CV) The unit of physical measure associated with the standard deviation is the same as unit of data When calculating variance, the unit is squared. When data is in inches, variance is in inches sc Would you scale graphs and histograms in increments of variance or standard deviation? Explain why the standard deviation is more useful than the variance in scaling data. As a contracted statistician, you have no prior knowledge of the company's coffee product, and the company has no prior statistics with which to assess the current data. Explain to the manufacture why there is or is not a concern with average bag weight comparing your mean or median statistics at one decimal place to the nominal bag weight of 5 Ibs