Raymond B. answered 08/08/21
Math, microeconomics or criminal justice
standard deviation = sqr(variance) = sqr(.8) = 0.8944
use a calculator
had variance been .81 the square root would have been .9
as 9x9 = 81
.80 is slightly less than .81 so the square root of .80 should be slightly less than .9
a "guesstimate" might have been 0.89
there's also a long division type way to manually calculate a square root
first look for the largest digit which squared is less than .80. that's 8.
8x8 =64. 80-64= 16, bring down 2 more 0's to get 1600. double the 8 to get 16 add another digit such that 169 times 9 is less than 1600. 169x9 = 1521. subtract.
1600-1521 = 79 bring down two more zeros. 7900
double the 89 to get 178 add another digit at the end 1784 such that 4 x 1784 is less than 7900, continue the process for as many decimals as you need.
A sort of "surprise" is that the standard deviation is less than the variance. that's always true when the variance is less than one.