Calculate population or sample variance instantly. Enter your data set to measure how widely your values are spread around their mean.
Enter your numerical data and choose the appropriate variance type.
Variance is a statistical measurement that shows how far the values in a data set are spread out from their average or mean. A smaller variance indicates that the values are generally close to the mean, while a larger variance indicates greater variation.
Variance is widely used in statistics, mathematics, finance, science, research, business analysis, and data analytics. It helps measure the amount of variability within a group of numerical values.
The calculator follows the standard statistical process for finding variance. It first calculates the mean of all values and then measures how far each number differs from that mean.
Population variance is used when your data includes every member of the population being studied.
Sample variance is used when your data represents only a sample taken from a larger population. It uses n − 1 as the denominator.
Consider the following numbers:
First, calculate the mean:
Next, calculate the difference between each value and the mean, then square each result:
The sum of squared deviations is 40.
Population variance should be used when you have data for every member of the group you want to study. The calculation divides the sum of squared deviations by the total number of values.
Sample variance is used when you only have a smaller sample taken from a larger population. It divides by one less than the total number of values, which helps provide a better estimate of the population variance.