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Population Variance
course content

Course Content

Learning Statistics with Python

Population VariancePopulation 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.

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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Section 3. Chapter 1
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