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monique robles

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1y ago

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Is not a factor in wage variance between different occupations?

Big dongs


What is a difference between a pooled variance and a combined variance?

Pooled variance is a method for estimating variance given several different samples taken in different circumstances where the mean may vary between samples but the true variance (equivalently, precision) is assumed to remain the same. A combined variance is a method for estimating variance from several samples, given the size, mean and standard deviation of each. Mathematically, a combined variance is equal to the calculated variance of the set of the data from all samples. See links.


What difference between a favorable variance and an unfavorable variance?

Favourable variance is that variance which is good for business while unfavourable variance is bad for business


What is the difference between negative price variance and volume variance?

Negative price variance is when the cost is less than budgeted. Volume variance is a variance in the volume produce.


What is between group variance?

Between-group variance refers to the variability in data that is attributed to the differences between the means of distinct groups in an experiment or study. It measures how much the group means differ from the overall mean, indicating the impact of the independent variable on the dependent variable. A high between-group variance suggests that the groups are significantly different from each other, while a low variance indicates that the groups are similar. This concept is essential in statistical analyses, such as ANOVA, to assess the effectiveness of treatments or interventions across different groups.


What is the difference between variable overheads cost variance andfixed overheads cost variance?

Variable overhead cost variance is that variance which is in variable overheads costs between the standard cost and the actual variable cost WHILE fixed overheads cost variance is variance between standard fixed overhead cost and actual fixed overhead cost.


What is budget variance?

A budget "variance" is the difference between planned and actual performance.


What is a budget variance?

A budget "variance" is the difference between planned and actual performance.


What is the relationship between standard deviation and variance?

Standard deviation is the square root of the variance.


Distinguish between analysis of variance and analysis of covariance?

) Distinguish clearly between analysis of variance and analysis of covariance.


The difference between variance and standard deviation?

The SD is the (positive) square root of the variance.


Is there any difference between sales volume variance and Sales Quantity Variance?

Yes