To find the standard difference, you can use a formula. For example, there are two buckets “1” and “2” with some stuff. What is standard difference between stuff in bucket “2” vs “1”? To standardize relative to bucket #1, we need to divide by the amount of stuff in this bucket. So, the standard difference is the amount in bucket “2” minus “1” divided by “1”. For example, the standard difference in the amount of 🥔 🥔 (potatoes) between buckets # 2 and # 1 is 0.2, meaning that bucket 2 has 20% more potatoes relative to bucket #1:
Std_diff_2_to_1 = (b2 - b1)/b1;
We can multiply by 100 to get the percent.
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