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The variance which measures the deviation of the rate actually paid to labor as from the standard hourly rate is known as?
Wiki User
∙ 12y ago
Labour rate variance .
Wiki User
∙ 12y ago
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Is the variance of a group of scores the same as the squared standard deviation?
The standard deviation is defined as the square root of the variance, so the variance is the same as the squared standard deviation.
What is the square of the standard deviation called?
The square of the standard deviation is called the variance. That is because the standard deviation is defined as the square root of the variance.
What is the standard deviation when mean is 64 and variance is 36?
Standard deviation is the square root of the variance. Therefore, the standard deviation is the sqrt 36 or 6.
What are the common measures of dispersion?
Range, standard deviation, variance, root mean square, interquartile range
Why we calculate the variance and standard deviation?
They are measures of the spread of the data and constitute one of the key descriptive statistics.
What do the variance and the standard deviation measure?
They are measures of the spread of distributions about their mean.
What is the relationship between standard deviation and variance?
Standard deviation is the square root of the variance.
Can standard deviation be larger then its variance?
No. The standard deviation is the square root of the variance.
How do you calculate variance given standard deviation?
Square the standard deviation and you will have the variance.
How do you calculate standard deviation if I know variance?
Standard deviation = square root of variance.
What are are measures of variability or dispersion within a set of data?
Some measures:Range,Interquartile range,Interpercentile ranges,Mean absolute deviation,Variance,Standard deviation.Some measures:Range,Interquartile range,Interpercentile ranges,Mean absolute deviation,Variance,Standard deviation.Some measures:Range,Interquartile range,Interpercentile ranges,Mean absolute deviation,Variance,Standard deviation.Some measures:Range,Interquartile range,Interpercentile ranges,Mean absolute deviation,Variance,Standard deviation.
Is the variance of a group of scores the same as the squared standard deviation?
The standard deviation is defined as the square root of the variance, so the variance is the same as the squared standard deviation.
Is variance the square root of standard deviation?
No, you have it backwards, the standard deviation is the square root of the variance, so the variance is the standard deviation squared. Usually you find the variance first, as it is the average sum of squares of the distribution, and then find the standard deviation by squaring it.
Standard deviation is 13.1 What is the variance?
Standard deviation, σ = 13.1 Variance, σ2 = 171.6
Is variance directly proportional to standard deviation?
Variance isn't directly proportional to standard deviation.
Can standard deviation and variance be negative?
No. Neither the standard deviation nor the variance can ever be negative.
What is the square of the standard deviation called?
The square of the standard deviation is called the variance. That is because the standard deviation is defined as the square root of the variance.
