Course Content
Learning Statistics with Python
Learning Statistics with Python
Population Variance
Variance
Variance measures how much the numbers deviate from the mean.
Examine the distribution of salaries in our dataset.
Formula
The formula varies for the sample and population. In this chapter, we will calculate population variance.
Explanation
Population variance is calculated by summing the squares of the differences between each data point and the population mean, and then dividing by the number of elements in the population.
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