Overview
This formula returns the variance within a group of data.
Applying the Formula
All statistical formulas are calculated using the Statistics class, and the following table describes how to use its Variance method.
Value/Description | Example | |
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Formula Name: | Statistics.Variance ("Series1", false);. | |
Parameters: |
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Statistics.Variance("Series1", false); |
Return: | A double that represents the variance within the group of data. |
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Note |
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Make sure that all data points have their XValue property set, and that their series' XValueIndexed property has been set to false. |
Statistical Interpretation
Variance is the square of the standard deviation for the given data.
Example
This sample gets the variance of the data points in a series named "Series1". Note that the Y1 value of the data points is used. We also assume that a sample from the entire population is not being used.
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C# | Copy Code |
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