What does the word variance

1 : the fact, quality, or state of being variable or variant : difference, variation yearly variance in crops. 2 : the fact or state of being in disagreement : dissension, dispute.

What is another name of variance?

differencedeviationvariationconflictdistinctionimbalancediversitydisparitydissimilitudeunlikeness

What does variance mean in finance?

A variance is the difference between actual and budgeted income and expenditure.

What is variance in a sentence?

Definition of Variance. at odds with or conflicting with. Examples of Variance in a sentence. 1. The girl’s confident pose was at a variance with her shaky voice.

What does variance mean in Bible?

1 : the fact, quality, or state of being variable or variant : difference, variation yearly variance in crops. 2 : the fact or state of being in disagreement : dissension, dispute.

What does it mean to be at variance with someone?

Differing, discrepant; also, in a state of conflict. For example, John’s and Mary’s answers are at variance means that their answers do not agree, or John was at variance with his in-laws means that he strongly disagreed or quarreled with them. [ Early 1500s]

Is variance a real word?

the state, quality, or fact of being variable, divergent, different, or anomalous. an instance of varying; difference; discrepancy. Also called mean square deviation.

What is the opposite of variance?

variance. Antonyms: unity, reconciliation, harmony, agreement, pacification, peace, accommodation, consent. Synonyms: difference, disagreement, discord, estrangement, antagonism, strife, hostility, discrepancy.

How do you get the variance?

1. Find the mean of the data set. Add all data values and divide by the sample size n. …
2. Find the squared difference from the mean for each data value. Subtract the mean from each data value and square the result. …
3. Find the sum of all the squared differences. …
4. Calculate the variance.

What is the variance of the stock?

Variance is a measure of volatility because it measures how much a stock tends to deviate from its mean. The higher the variance, the more wildly the stock fluctuates. Accordingly, the higher the variance, the riskier the stock.

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What does a higher variance mean in stocks?

However, high variance in a stock is associated with higher risk, along with a higher return. … Variance is a measurement of the degree of risk in an investment. Risk reflects the chance that an investment’s actual return, or its gain or loss over a specific period, is higher or lower than expected.

What does variance of a stock mean?

A stock’s historical variance measures the difference between the stock’s returns for different periods and its average return. A stock with a lower variance typically generates returns that are closer to its average.

What is the biblical definition of emulations?

1 : ambition or endeavor to equal or excel others (as in achievement) 2a : imitation.

What does Revelling mean in the Bible?

The last sin mentioned by name in Galatians 5:19-21 is revellings, translated from the Greek word komos. This word refers to drinking parties that extended late into the night usually ending in sexual debauchery.

What does the word fornication mean in the Bible?

To engage in premarital or extramarital sex, before or outside of marriage, is to sin in God’s sight.

What does variance mean in literature?

Variance is a discrepancy, difference or deviation, or an official exception to do something different from the current rule. The difference between two documents is an example of a variance. … Considerable variance in temperature across the region. noun. (statistics) The square of the standard deviation.

Is it variance or variances?

var·i·ance. 1. The state or quality of being variant or variable; variation: considerable variance in temperature across the region.

What is variance in healthcare?

Cost variance, in the healthcare industry, is a budgeting term that represents the difference between a budgeted amount and the actual cost of a medical procedure.

What does Averaged out mean?

Definition of average out : to produce a result that is even and balanced when looked at over a period of time The irregularities averaged out over the course of the study.

What is the meaning of a cry in the wilderness?

or a lone voice in the wilderness. someone who is pointing out the dangers in a situation or the truth about it, but nobody is paying any attention.

What does bolt from the blue mean?

Definition of bolt from the blue : a complete surprise : something totally unexpected.

What does it mean to request a variance?

A variance is a request to deviate from current zoning requirements. If granted, it permits the owner to use the land in a manner not otherwise permitted by the zoning ordinance. … Usually, the land owner seeking the variance files a request or written application for a variance and pays a fee.

What does variance mean in real estate?

Essentially, a property owner requests a variance when their planned use of their property deviates from local zoning laws designed to protect property values. If granted, a variance acts as a waiver to some aspect of the zoning law or regulations.

What part of speech is variance?

VARIANCE (noun) definition and synonyms | Macmillan Dictionary.

What is variance measure?

Unlike range and interquartile range, variance is a measure of dispersion that takes into account the spread of all data points in a data set. It’s the measure of dispersion the most often used, along with the standard deviation, which is simply the square root of the variance.

What is variance standard deviation?

The variance is the average of the squared differences from the mean. … Standard deviation is the square root of the variance so that the standard deviation would be about 3.03. Because of this squaring, the variance is no longer in the same unit of measurement as the original data.

What does higher variance mean?

A large variance indicates that numbers in the set are far from the mean and far from each other. A small variance, on the other hand, indicates the opposite. A variance value of zero, though, indicates that all values within a set of numbers are identical.

What is portfolio variance?

Portfolio variance is a measure of the dispersion of returns of a portfolio. It is the aggregate of the actual returns of a given portfolio over a set period of time. Portfolio variance is calculated using the standard deviation of each security in the portfolio and the correlation between securities in the portfolio.

Why is high variance bad?

High Bias or High Variance This is bad because your model is not presenting a very accurate or representative picture of the relationship between your inputs and predicted output, and is often outputting high error (e.g. the difference between the model’s predicted value and actual value).

Is Variation good or bad?

It is an accepted “fact” that variability is bad for manufacturers and manufacturing. And it happens to be the truth – and not a myth or mere folklore. Variation is the source of quality issues and the main focus of quality improvement programs like Six Sigma (which is, in fact, named after a measurement of variation).

What is minimum variance portfolio?

Definition: A minimum variance portfolio indicates a well-diversified portfolio that consists of individually risky assets, which are hedged when traded together, resulting in the lowest possible risk for the rate of expected return.