Home What are the potential benefits and challenges of choosing to compute standard deviation using Microsoft® Excel®?

What are the potential benefits and challenges of choosing to compute standard deviation using Microsoft® Excel®?

Many statistics and statistical tests can be computed by hand and by using statistical software or programs like Microsoft® Excel®.
note the equation for computing standard deviation and the method for using Microsoft® Excel® to compute the standard deviation of a sample.

Respond to the following in a minimum of 175 words:
What are the potential benefits and challenges of choosing to compute standard deviation by hand?
What are the potential benefits and challenges of choosing to compute standard deviation using Microsoft® Excel®?
Why might you choose one approach over the other?
What would you prefer? Why?

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