variance
32
7.2
- noun
- /ˈvɛrɪəns/
- Specialized
- The variance in test scores indicated that some students performed much better than others.
- analysis of variance
- explained variance
- variance accounted for
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Watch on YouTubeLike if we would proceed to directly fill this into wrenches, then the variance would be quite small.
- Like if we would proceed to directly fill this into wrenches, then the variance would be quite small.
- And that's analysis of variance in one form or another.
- The cost of that portfolio should be the fair value value of future realized variance.
- If you'd like to see more videos like this, tomorrow's video will be on the topic of variance swaps.
- And if I use the word variance, that's a statistic that describes the extent to which people differ the variance.
Examples
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The final model accounted for 46% of the variance in scores for this subtest.
Academic text (2015) -
The overall language and vocabulary measures accounted for 48.6% of the variance in reading comprehension.
Academic text (2013) -
We will look at the variance of your total return.
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So the bigger the variance, the farther away the numbers are from the mean.
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OK, now we just want to compute what is the mean and variance of the portfolio.
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So if we have the mean, the expected return, and then the variance is sort of how spread out all of the observations on average are from that.
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Together with education, it accounted for 28.7% of the variance observed in the SRTSTAT scores.
Academic text (2012) -
Individual differences were explained by 86% of the total variance, a measure of predictive validity.
Academic text (2008) -
The variance of the data showed significant differences from the mean value.
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In statistics, variance helps us understand how spread out the scores are from the average.
Synonyms
113
3.0
A change in amount or condition from what is normal
29
5.7
The amount that something changes over time or between things
Antonyms
Idioms
Compounds
- Specialized
1
5.8
A way to check if two or more groups have different average values
- Specialized
Examining why actual costs are different from planned amounts to find causes
How Different
397
2.3
117
4.3
76
5.6
30
4.8
∞
1.0
- Specialized
32
7.2
Surface Forms
Morphology
Etymology
The word variance comes from the Latin root var- meaning 'change', the same root in vary and various. In statistics, a variance measures how much numbers 'vary' from the average, so a large variance means the data are spread out.