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What is the symbol for population size variance?
The symbol for population size variance is typically denoted by ( \sigma^2 ). This represents the variance of a population, which measures the dispersion of data points around the mean. It is calculated by averaging the squared differences between each data point and the population mean.
What is tau-squared statistics in random effects meta-analysis for?
It is the estimate of between-study variance, to quantify heterogeneity
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 budget variance?
A budget "variance" is the difference between planned and actual performance.
The difference between variance and standard deviation?
The SD is the (positive) square root of the variance.
What is tau-squared statistics in random effects meta-analysis for?
It is the estimate of between-study variance, to quantify heterogeneity
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.
How do you estimate the narrow sense heritability based on the halfsib offspring of open pollinated trees?
First we need to calculate within and between family variance components for half sib families. Additive variance is equal to 4 time the additive variance and Dominance variance equal to within family variance - (3/4) additive variance.
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.
How much error between sample mean and population mean?
The answer depends on the underlying variance (standard deviation) in the population, the size of the sample and the procedure used to select the sample.
What is a budget variance?
A budget "variance" is the difference between planned and actual performance.
What is 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
