Standard deviation and implication

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What does standard deviation measure? In looking at the standard deviations of the "with fireplace" and "without fireplace" selling prices, one is much larger than the other. What could cause the standard deviations to be so different?

Reference no: EM1391068

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Standard deviation and implication : What does standard deviation measure? In looking at the standard deviations of the "with fireplace" and "without fireplace" selling prices, one is much larger than the other.
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