### Possible Answer

Did you mean to ask: "What is standard deviation, and what are it's advantages and disadvantages" ? Standard deviation is a measure of how "spread out" a set of data is. - read more

May 04, 2011 ยท Advantages & Disadvantages of Finding Variance. In statistics, variance is a measure of the spread of a set of data with respect to the average value, or mean. - read more

Please vote if the answer you were given helped you or not, thats the best way to improve our algorithm. You can also submit an answer or search documents about advantages and disadvantages of standard deviation and variance.