Variance is a measurement of the spread between numbers in a data set. Investors use the variance equation to evaluate a portfolio’s asset allocation.

How to Calculate Variance in OpenOffice. Variance is a statistical calculation that numerically describes the amount of variation in a data set. If values in a data set wildly fluctuate, variance ...

Formula of Mean: Know to How to Calculate Median for Grouped, Ungrouped data along with solved examples, questions with solution.

To determine the variance in gross profit margin that these two types of adjustments create, calculate the margin for each price/cost scenario, and subtract the results.