As we can see, the variance is larger! Calculating variance using Python. Now that we’ve done the calculation by hand, we can see that completing it for a large set of values would be very tedious.

Variance measures variability or how far numbers in a data set diverge from the mean. It is used by various professionals including data analysts, mathematicians, scientists, statisticians. and ...

Standard deviation is a statistic measuring the dispersion of a dataset relative to its mean. It is calculated as the square root of the variance. Learn how it's used.