How To Calculate

Learn how to calculate anything
Menu
  • bmi
Home
statistics
How to Calculate Variance in Excel.
statistics

How to Calculate Variance in Excel.

Rosemary Njeri

We can define variance as a measure of how far each value in the data set is from the mean. Standard deviation and variance are almost the same, their only difference is that, standard deviation is the square root of variance.

Formula to calculate variance in excel.

Just like the others, the variance function is also available in excel.

NameData SetText and Logical
VARSampleIgnored
VARPPopulationIgnored
VAR.SSampleIgnored
VAR.PPopulationIgnored
VARPAPopulationEvaluated
VARASampleEvaluated

There are several types of variance functions in excel, but the type of question you have dictates the one you will use.

Example:

Suppose you are asked to find the variance of the ages of the people given below.

NameAge
Hiram50
Hermione48
Jug head27
Polly28
Andrew52

We begin by transferring the data to an excel spreadsheet.

Calculate Variance in Excel.

We will use VAR.S variance function to calculate the variance. So after adding another row labelled as variance, we will type the function under the column labelled marks, type the numbers you want to find variance for then click enter and there goes your answer.

Calculate Variance in Excel.

Therefore, your variance is 147.7.

Share
Tweet
Reddit
Pinterest
Email
Prev Article
Next Article

Related Articles

How to Calculate T-Statistic.
T-statistic is the ratio of the departure of the estimated …

How to Calculate T-Statistic.

How to Calculate Correlation in Excel.
Correlation is a statistical measure that expresses the extent to …

How to Calculate Correlation in Excel.

Leave a Reply Cancel Reply

Popular Posts

  • 5 Best AI Apps for Solving Complex …
    March 22, 2023 0

Categories

learntocalculate.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

How To Calculate

Learn how to calculate anything

Pages

  • About Us
  • Contact Us
  • Privacy Policy
Copyright © 2023 How To Calculate

Ad Blocker Detected

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.

Refresh