1sigma
1sigma, or one sigma, refers to the standard deviation, a measure of dispersion in a dataset. It is denoted by the Greek letter sigma (σ) and can describe either the population standard deviation or the sample standard deviation. The standard deviation quantifies how spread out the values are around the mean.
In a normal distribution, about 68.27% of values lie within one standard deviation of the mean, about
Calculation: for a population, σ = sqrt( (1/N) ∑ (xi − μ)² ). For a sample, s = sqrt( (1/(n−1)) ∑ (xi − x̄)² ).
Applications: 1σ is a conventional way to express measurement precision in science and engineering. It is also
Limitations: the interpretation of 1σ assumes a roughly normal distribution of errors. For skewed or heavy-tailed