What is the meaning of Samona? How popular is the baby name Samona? Learn the origin and popularity plus how to pronounce Samona
Variance. Variance (Ï 2) is a measure of the dispersion of a set of data points around their mean value. In other words, variance is a mathematical expectation of the average squared deviations from the mean. It is computed by finding the probability-weighted average of squared deviations from the expected value. Variance measures the variability from an average (volatility).
Vice versa, variance is standard deviation squared. To calculate standard deviation from variance, only take the square root. In our example, the variance was 200, therefore standard deviation is 14.14. For calculating standard deviation of a data set, first calculate the variance and then find the square root.