Spread the loveSample variance, often denoted as ‘s^2,’ is a measure used to determine how spread out a data set is. It helps reveal the degree to which the individual data points differ from the mean ...

Sample variance is a crucial statistical concept used to quantify the dispersion or variation within a data set. It helps in determining how much the individual data points differ from the sample mean ...

How do you find the variance? Calculating the variance for a data set can differ based on whether the set is the entire population or a sample of the population.