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Hey All!
I want to bring my economists analysis of "Standard Deviation"
I have 2 Measure
The daily average:
and I have Standard Deviation Measure:
The problem is I do not know how to look at it in relation to the average
Is it possible to make it 1 and -1 to understand where the company is in relation to the bell?
Hi @netanel ,
Sorry for that the information you have provided is not making the problem clear to me. Are you trying to understand the logic of this function? STDEVX.P function (DAX) - DAX | Microsoft Docs
Best Regards,
Eyelyn Qin
Hey @Anonymous
Your'e right!
I wrote in a not so clear way
Things have changed a bit
But the story is like that and the question is more statistical
I show the users a standard deviation that is a Simple number? A standard deviation of a particular company is 126,200. Is it correct to show this?
I received feedback from the user that it is difficult to understand when there are several companies and each has a different standard deviation (I know that when the larger the standard deviation is the AVG not stable) but for the user it is not clear
I wanted to know if there is a formula that can put all the standard stays in an area of (-1,1, -2,2, -3,3) as long as the user gets the area where his average is clearly
https://en.wikipedia.org/wiki/Standard_deviation
You can look at the link for the areas marked by numbers -1,1 and more
Thanks!
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