How to Calculate Variance

Finding variance in a data set doesn't require a mathematician. Impress your employer or teacher with your knowledge of statistics without the headache of complicated computations or formulas.

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Up next in Intermediate Math Skills (21 videos)

Brush up on your math with these tutorials.

You Will Need

• Set of data
• Basic math computation skills
• Graphing calculator

Steps

1. Step 1

Find the sum of the numbers

Add all of the numbers together to find the sum.

2. Step 2

Divide the sum

Divide the sum of the data by the number of values in the set to find the mean, or average.

3. For example, if the sum of 15 numbers is 300, dividing 300 by 15 you find that the mean is 20.

4. Step 3

Subtract the mean from each value

Subtract the mean, or average, from each value in the data set and then square the difference, or multiply the result by itself.

5. For example, if a value of 32 is in the example data set, subtract 20 from it, and square the result. The result is 12 squared, or 144.

6. Step 4