What does a high/low standard deviation mean in real terms?
Meaning of high/low standard deviation:
Standard Deviation measures how much your entire data set differs from the mean.
The larger the standard deviation, the more spread or variation is in the data or the higher the standard deviation the more variability or spread we have in the data.
Small standard deviations mean that most of the data is clustered around the mean.
Hence, high/low standard deviations are stated above.