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Investors use variance to see how much risk an investment carries and whether it will be profitable. Variance is also used in finance to compare the relative performance of each asset in a portfolio to achieve the best asset allocation. The square root of the variance is the standard deviation.
Write neatly and legibly/type your application. State specifically why you need the variance, what your hardship is and why the Ordinance, which caused your denial unfairly affects you. Attach all relevant documents to your application. Avoid, if possible, submitting new documentation to the Board during the Hearing.
What does variance mean in zoning? A variance is a specific waiver a property owner can use to make changes to their land that otherwise would go against local zoning ordinances.
A variance is a request for relief from the strict application of zoning regulations to alleviate an unusual hardship to a particular property.
Variance is a measure of how data points differ from the mean. ing to Layman, a variance is a measure of how far a set of data (numbers) are spread out from their mean (average) value. Variance means to find the expected difference of deviation from actual value.