Stat could someone please help with this urgent

Question

What is an example of when you would want consistent data and, therefore, a small standard deviation?

Example: Race-car Driver

Small Standard Deviation: Understanding RPM and when to change gears

The understanding of RPM and when to change gears is key to the life, wear and tear of the race-car. Performing wrong periods of gear changes can cause damage to the totality of the car, which will cost the team funds to repair damages.

What is an example of when you might want a large standard deviation? That is, data that is more spread out?

Example: Race-car Driver

Large Standard Deviation: A good race-car driver

A standard race with various race-cars on various tracks could result in who is assumed to be the better race-car driver. An understanding of all fundamentals and how to race is the answer needed.

Answer 1

There is a potentially limitless supply of such situations. Off the top of my head, I would say a drug company desperately needs to know that the amount of medication in a pill is extremely precise and consistent so that no one suffers side effects from too much or a weak effect from too little.