In the context of statistics, what does 'variance' measure?

Practice Questions

1 question
Q1
In the context of statistics, what does 'variance' measure?
  1. The average of a data set
  2. The spread of a data set around its mean
  3. The maximum value in a data set
  4. The relationship between two variables

Questions & Step-by-step Solutions

1 item
Q
Q: In the context of statistics, what does 'variance' measure?
Solution: Variance measures the spread of a data set around its mean, indicating how much the values differ from the average.
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