Wednesday, July 24, 2019

Likes and dideerecnes of computing variances Assignment

Likes and dideerecnes of computing variances - Assignment Example Having been defined as the square of mean differences between each number in a data set and the mean of all the numbers in the set, the variance is a derivative of differences between the same numbers. Computing the variance of a data set is therefore equivalent to analyzing the difference between the same numbers (Wegner, 2010). The definition of variance as a measure of dispersion also explains the relationship between the variance and the difference between points. A data set with a higher magnitude variance, for instance, means that data points in the set are far apart from each other, a factor that indicates greater variation from the mean. The gaps between the data points however defines the differences between the points and this means that computing the variance and analyzing differences between data points generate the same understanding on distribution of data in the set (Madrigal,

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