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- Dictionaryvariance/ˈvɛːrɪəns/
noun
- 1. the fact or quality of being different, divergent, or inconsistent: "her light tone was at variance with her sudden trembling"
- 2. an official dispensation from a rule or regulation, typically a building regulation.
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Jun 11, 2024 · Variance is a statistical measure that quantifies the spread or dispersion of a set of data points. It indicates how much the individual data points in a dataset differ from the mean (average) of the dataset.
Variance is the expected value of the squared variation of a random variable from its mean value, in probability and statistics. Informally, variance estimates how far a set of numbers (random) are spread out from their mean value. The value of variance is equal to the square of standard deviation, which is another central tool.
Dec 19, 2023 · The term variance refers to a statistical measurement of the spread between numbers in a data set. More specifically, variance measures how far each number in the set is...
Variance is a statistical measurement that is used to determine the spread of numbers in a data set with respect to the average value or the mean. The standard deviation squared will give us the variance. Using variance we can evaluate how stretched or squeezed a distribution is.
Variance is a measure of variability in statistics. It assesses the average squared difference between data values and the mean. Unlike some other statistical measures of variability, it incorporates all data points in its calculations by contrasting each value to the mean.
In probability theory and statistics, variance is the expected value of the squared deviation from the mean of a random variable. The standard deviation (SD) is obtained as the square root of the variance. Variance is a measure of dispersion, meaning it is a measure
Jan 18, 2023 · The variance is a measure of variability. It is calculated by taking the average of squared deviations from the mean. Variance tells you the degree of spread in your data set. The more spread the data, the larger the variance is in relation to the mean. Table of contents. Variance vs. standard deviation. Population vs. sample variance.
2 days ago · Variance is a statistic that is used to measure deviation in a probability distribution. Deviation is the tendency of outcomes to differ from the expected value. Studying variance allows one to quantify how much variability is in a probability distribution.
VARIANCE definition: 1. the fact that two or more things are different, or the amount or number by which they are…. Learn more.
The meaning of VARIANCE is the fact, quality, or state of being variable or variant : difference, variation. How to use variance in a sentence. Synonym Discussion of Variance.
