Understanding the meaning of variance

variance

/'vɜriəns/

noun
a difference between conflicting facts or claims or opinions
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disagreement discrepancy divergence

type of:
difference
noun
an activity that varies from a norm or standard
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variation

type of:
activity
noun
discord that splits a group
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division

type of:
dissension discord
noun
an event that departs from expectations
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discrepancy variant

type of:
departure divergence deviation difference
noun
the quality of being subject to variation
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variability variableness

type of:
changeability changeableness
noun
an official dispensation to act contrary to a rule or regulation (typically a building regulation)
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"a zoning variance"

type of:
dispensation
noun
the second moment around the mean; the expected value of the square of the deviations of a random variable from its mean value
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type of:
moment

Explanation of variance

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