variance
va
ˈvɛ
ve
riance
riəns
riēns
/vˈe‍əɹi‍əns/

Definition & Meaning of "variance"in English

Variance
01

a difference or deviation from what is expected or typical

Examples
The temperature variance this year was higher than usual.
02

an official permission to act contrary to a rule, law, or regulation, especially in building or zoning

Examples
They applied for a variance to build beyond the lot line.
03

the state or quality of being subject to change or variation

Examples
The variance of temperature from day to night is significant.
04

a measure of the dispersion or spread of a set of data points in statistics, representing the average squared deviation from the mean

Examples
In statistics, variance is a measure of how spread out the values in a data set are around the mean.
05

disagreement that divides a group

Examples
Internal variance caused the team to split.
06

an event or occurrence that departs from expectation

Examples
The sudden snowstorm was a variance from the forecast.
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