variance
pronunciation
How to pronounce variance in British English: UK [ˈveəriəns]
How to pronounce variance in American English: US [ˈveriəns]
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- Noun:
- an event that departs from expectations
- discord that splits a group
- the second moment around the mean; the expected value of the square of the deviations of a random variable from its mean value
- a difference between conflicting facts or claims or opinions
- the quality of being subject to variation
- an activity that varies from a norm or standard
Word Origin
- variance (n.)
- late 14c., "fact of undergoing change," from Old French variance "change, alteration; doubt, hesitation" and directly from Latin variantia, from stem of variare "to change" (see vary). Meaning "state of disagreement" is recorded from early 15c. The U.S. zoning sense of "official dispensation from a building regulation" is recorded from 1925.
Example
- 1. Secondary sequence for fixed cost variance .
- 2. Could it be that variance in brain structure in these conditions contributes to the lack of social pleasure experienced by the patients ?
- 3. Education : we educate families about best-outcome treatment and increase public awareness by providing information about autism prevalence , incidence and variance .
- 4. They conflated high food prices with greater food price volatility , which is best defined as variance around the food price level .
- 5. Although their relative importance varies from study to study , obviously , as empirical evidence suggests , firm effects and market effects are together of paramount importance in explaining observed variance in business unit returns .