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Earn +20 ptsQ: What is the purpose of calculating variance in statistics?
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What are the advantanges and disadvantages of variance in statistics?
There are many advantages and disadvantages of variance in statistics. One disadvantage is that you never know what answer you'll get.
Calculating var through mean and standard deviation?
Assuming var is variance, simply square the standard deviation and the result is the variance.
The purpose of variance analysis?
Listen mate! I'll break it down to you.. variance analysis
How is variance used to measure risk?
In finance, risk of investments may be measured by calculating the variance and standard deviation of the distribution of returns on those investments. Variance measures how far in either direction the amount of the returns may deviate from the mean.
What is the goal and purpose of statistics?
what is the goal of statistics
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