variance formula

K

Kent

With no other information ... all I can suggest is the
variance formula in Help:

VAR
See Also

Estimates variance based on a sample.

Syntax

VAR(number1,number2,...)

Number1,number2,... are 1 to 30 number arguments
corresponding to a sample of a population.

Remarks

VAR assumes that its arguments are a sample of the
population. If your data represents the entire population,
then compute the variance using VARP.


Logical values such as TRUE and FALSE and text are
ignored. If logical values and text must not be ignored,
use the VARA worksheet function.


VAR uses the following formula:



Example

Suppose 10 tools stamped from the same machine during a
production run are collected as a random sample and
measured for breaking strength. The sample values (1345,
1301, 1368, 1322, 1310, 1370, 1318, 1350, 1303, 1299) are
stored in A2:E3, respectively. VAR estimates the variance
for the breaking strength of the tools.

VAR(A2:E3) equals 754.3

(e-mail address removed)
 
T

Tushar Mehta

Suppose your expected (or budgeted or target) values are in column A
and the actual values are in column B, both starting with row 2 (row 1
is a header row). Then, in C2, enter =A2-B2. Copy C2 as far down
column C as there are rows with data in A:B.

--
Regards,

Tushar Mehta
www.tushar-mehta.com
Excel, PowerPoint, and VBA add-ins, tutorials
Custom MS Office productivity solutions
 

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