Summary  
Demonstrates how to calculate the standard deviation of a numerical series using NumPy and pandas functions and printing the results.

General domain of usage  
Data analysis

The first function is from `numpy`, and the second method is from `pandas`. Take a look at the example of calculating the standard deviation for the `work_year`:

import pandas as pd
import numpy as np

df = pd.read_csv('https://codefinity-content-media.s3.eu-west-1.amazonaws.com/a849660e-ddfa-4033-80a6-94a1b7772e23/update/ds_salaries_statistics', index_col = 0)

# Calculate the standard deviation using the function from the NumPy library
std_1 = np.std(df['salary_in_usd'])
# Calculate the standard deviation using the function from the pandas library
std_2 = df['salary_in_usd'].std()

print('The standard deviation using NumPy library is', round(std_1, 2))
print('The standard deviation using pandas library is', round(std_2, 2))

Build a strong foundation in statistics using Python. Learn essential statistical concepts and apply them through NumPy and pandas. Move from basic measures like mean and variance to hypothesis testing, confidence intervals, and data-driven insights with hands-on practice.

Discover core statistical principles, including data types, measures of central tendency, and key differences between samples and populations.

Learn to calculate and interpret mean, median, and mode using Python. Practice these operations with pandas to analyze real datasets.

Understand how variance and standard deviation measure data spread. Learn to compute both manually and using Python tools.

Explore how covariance and correlation describe relationships between variables. Practice calculating and comparing both metrics in Python.

Master confidence intervals to estimate population parameters. Use NumPy, pandas, and visualization libraries to calculate and interpret intervals with real data.

Learn the fundamentals of hypothesis testing and the t-test. Understand how to design, perform, and interpret tests using Python to support data-driven decisions.

Standard Deviation with Python