Variance

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Definition

Variance. Measure of spread, calculated as the average squared deviation of each number from the mean of a data set


Synonyms

  • Second Moment

See Also


Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.