Returns the statistical standard deviation for the population for all values in the specified expression.
STDEVP
is used when the group of numbers being evaluated is complete - it's the entire population of values. In this case, the 1 is NOT subtracted and the denominator for dividing the sum of squared deviations is simply N itself, the number of observations (a count of items in the data set).
Technically, this is referred to as biased
. Remembering that the P
in STDEVP
stands for population
may be helpful. Since the data set is not a mere sample, but constituted of ALL
the actual values, this standard deviation function can return a more precise result.