The red population has mean 100 and variance 100 (SD=10) while the blue population has mean 100 and variance 2500 (SD=50) where SD stands for Standard Deviation. In probability theory …

Nov 4, 2025 · Variance is a number that tells us how spread out the values in a data set are from the mean (average). It shows whether the numbers are close to the average or far away from it.

Jun 17, 2025 · Variance is a statistical measurement of how large of a spread there is within a data set. It measures how far each number in the set is from the mean (average), and thus …

Jan 18, 2023 · The variance reflects the variability of your dataset by taking the average of squared deviations from the mean.

To calculate the variance follow these steps: Then for each number: subtract the Mean and square the result (the squared difference). Then calculate the average of those squared …

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 …

The larger the variance, the more spread a set of data is. The variance is the square of the standard deviation. The units of variance are the square of the units measured in the data set. …

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 …

Jan 2, 2025 · ‘Variance’ refers to the spread or dispersion of a dataset in relation to its mean value. A lower variance means the data set is close to its mean, whereas a greater variance …

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.