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Sheppard's correction

[shep-erdz] /ˈʃɛp ərdz/
noun, Statistics.
1.
a method of correcting the bias in standard deviations and higher moments of distributions that arises from grouping values of the variable.
Also called Sheppard's adjustment.
Origin
named after William F. Sheppard (1863-1936), English statistician
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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