Saturday, August 20, 2011

Variance Calculations with Microsoft Excel

!±8± Variance Calculations with Microsoft Excel

Excel provides useful statistical functions for finding the variance of a data set. In general, these functions variance memorized a set of values ​​called a worksheet range and then calculating the expected.

A detour to remind readers that it is only a common measure to describe the spread of observations in a distribution. A variation is another statistical measure, the relative standard deviation. A deviation is equal to the square of the standard deviation.

Variancea sample of VAR

If the record is to work with a sample, and you do not want to include logical values ​​or text from the amount in the calculation, use the VAR. For example, if you can open a new manufacturing process that should result in increased productivity and a series of data on the number of pieces per day, the variance of the sample. The VAR function uses the following syntax:

= VAR (data set range)

Variance of a samplewith VARA

If the record is an example, but you want to include logical values ​​or text in the calculation, use the VARA function. Excel includes cells containing the logical value TRUE as 1 and cells containing text or FALSE 0 The VARA function uses the following syntax:

= VARA (data set range)

Variance of a sample with VARP

If the record is to work with people, and you do not want to include logical values ​​or textthe amount of calculation, use the VARP. The variance function uses the following syntax:

= VARP (data set range)

Variance of a population with the VARPA

If the record is a population, but you want to include logical values ​​or text in the calculation, use the VARPA. The VARPA uses the following syntax:

= VARPA (data set range)

One last note about the topic Data Range in September

Another tip: you can have moreWorksheet as the set of interval data is sufficient argument for the use of variance functions. For example, if you were to calculate the variance of a sample of VAR and had the data in different ranges saved worksheet, your VAR as follows:

= VAR (B1: B: 10, B101: B110, B200)


Variance Calculations with Microsoft Excel

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