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

Dec 10, 2025 · Variance is a measure of how spread out a data set is, and we calculate it by finding the average of each data point's squared difference from the mean. It's useful when …

Nov 4, 2025 · The formula for calculating variance differs slightly for grouped and ungrouped data. For ungrouped data, variance is calculated by finding the average of the squared differences …

To calculate the variance of a discrete random variable, use the formula σ2=Σ (xi-µ)2pi. To use this formula, subtract the mean from each data value, square each result, multiply each of …

To find the variance, take a data point, subtract the population mean, and square that difference. Repeat this process for all data points. Then, sum all of those squared values and divide by …

Nov 4, 2025 · Calculates variance and standard deviation for a data set. Calculator finds variance, the measure of data dispersion, and shows the work for the calculation.

Variance measures how far a data set is spread out. Definition, examples of variance. Step by step examples and videos; statistics made simple!

Mar 23, 2022 · Learn how to calculate variance, what it means, how to use the formula and the main differences between variance and standard deviation.

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 …

The variance calculator is a great educational tool that teaches you how to calculate the variance of a dataset. The calculator works for both population and sample datasets.