Variance Of Population Formula In Excel

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Jun 2 2025 nbsp 0183 32 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 To calculate the variance follow these steps: Calculate the Mean (the simple average of the numbers) Then for each number: subtract the Mean and square the result (the squared …

Variance Of Population Formula In ExcelMay 30, 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 nbsp 0183 32 The variance reflects the variability of your dataset by taking the average of squared deviations from the mean