The Standard Deviation is ~0.707
Step by step:
1 2 2 4
Identify the mean of the set as 2
Identify the deviation of each value in the set from the mean:
1 0 0 1
Square the deviation values
1 0 0 1
Identify the mean of the squared deviations as 0.5
Identify the square root of 0.5 as ~0.707