- Statistics Variance is another number that indicates how spread out the values are.
Note: if you take the square root of the variance, you get the standard deviation.
Or the other way around, if you multiply the standard deviation by itself, you get the variance!
you can now use the data set with 10 observations to give an example of how we can calculate the variance:
Let us take this task step-by-step.
Step 1: to Calculate the Variance: Find the Mean
We want to find the variance of Average_Pulse.
1. Find the mean:
(80+85+90+95+100+105+110+115+120+125) / 10 = 102.5
The mean is 102.5
Step 2: For Each Value, find the Difference From the Mean
Here, find the difference from the mean for each value: