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In statistics, what does the term 'variance' measure?

Practice Questions

1 question
Q1
In statistics, what does the term 'variance' measure?
  1. The average of a set of numbers
  2. The spread of a set of data points
  3. The median of a data set
  4. The mode of a data set

Questions & Step-by-step Solutions

1 item
Q
Q: In statistics, what does the term 'variance' measure?
Solution: Variance measures the spread of a set of data points, indicating how much the data points differ from the mean.
Steps: 0

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