How to calculate variance in Excel ?
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Excel
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5 months ago
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Excel
6 Steps
This document will teach you how to calculate variance in Excel. You will learn how to use the VAR.S functions to calculate the variance of a sample and population, respectively. You will also learn how to interpret the results of your calculations.
How to calculate variance in Excel ?
|
Excel
|
Excel
6 Steps
1
Start Microsoft Excel and open a new or existing worksheet.
You need a workspace to input your data and perform calculations.
2
In a column, enter the "Data" points for which you want to calculate variance.
Each value should be in a separate cell.
3
Click on an empty "Cell" where you want the variance result to appear.
This cell will display the calculated variance.
4
Type the formula for variance in the selected cell For sample variance, use: =VAR.S(A1:A10)
Choose VAR.S for a sample of a population
5
After typing the formula, hit the Enter Key
This will execute the formula, and the variance will appear in the selected cell.
6
Look at the "Cell" where you entered the formula.
The cell now contains the calculated variance value based on your data.
