What standard deviation tells you
Standard deviation summarizes how spread out values are around the mean. Small σ means values cluster tightly; large σ means they scatter widely. For roughly normal data, about 68% of values fall within one standard deviation of the mean.
Sample vs population
When your data is a sample used to estimate a bigger population, dividing by n−1 (Bessel's correction) gives an unbiased variance estimate. Use the population form only when you truly have every member of the group.