What does a lower standard deviation indicate about a data set?

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Study for the UCF PSY3213C Research Methods in Psychology Exam. Review key concepts with flashcards and multiple choice questions, each with detailed explanations and hints. Master your subject and excel in your test!

A lower standard deviation indicates that the data points are consistently close to the mean. This means that there is less variability among the data points; they tend to cluster around the average value rather than being widely dispersed. When standard deviation is low, it suggests that most of the data values fall within a narrow range near the mean, which signifies a high level of consistency among the values in the data set.

In contrast, a higher standard deviation would imply that the data points are more spread out from the mean, reflecting greater variability in the dataset. Thus, a low standard deviation is an indicator of a tightly grouped set of data points around the central point, providing insights into the uniformity of the data.