How to Find Variance?

How to Calculate Variance
  1. Find the mean of the data set. Add all data values and divide by the sample size n. ...
  2. Find the squared difference from the mean for each data value. Subtract the mean from each data value and square the result. ...
  3. Find the sum of all the squared differences. ...
  4. Calculate the variance.

What is the easiest way to find variance?

To calculate the variance follow these steps: Work out the Mean (the simple average of the numbers) Then for each number: subtract the Mean and square the result (the squared difference). Then work out the average of those squared differences.

How do you calculate variance step by step?

Steps for calculating the variance
  1. Step 1: Find the mean. To find the mean, add up all the scores, then divide them by the number of scores. ...
  2. Step 2: Find each score's deviation from the mean. ...
  3. Step 3: Square each deviation from the mean. ...
  4. Step 4: Find the sum of squares. ...
  5. Step 5: Divide the sum of squares by n – 1 or N.
Chloe Bennett

Chloe Bennett

Culture, Media & Entertainment Columnist

Chloe Bennett explores the intersection of pop culture, streaming entertainment, digital trends, and contemporary lifestyle. Her weekly commentary reaches thousands of culture enthusiasts.