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Variance Example Suppose we have the data set {3, 5, 8, 1} and we want to find the population variance. The mean is given as (3 + 5 + 8 + 1) / 4 = 4.25. Then by using the definition of variance we get [(3 - 4.25)2 + (5 - 4.25)2 + (8 - 4.25)2 + (1 - 4.25)2] / 4 = 6.68. Thus, variance = 6.68.
A variance is a request to deviate from current Zoning Bylaw requirements. If granted, a variance essentially waives a specific requirement of the Zoning Bylaw. For example, if a property owner wants to locate a structure closer to a lot line than the Zoning Bylaw allows, a variance would be required.
A variance is a request for relief from the strict application of zoning regulations to alleviate an unusual hardship to a particular property. For example, a homeowner may request that a room addition be permitted closer to the property line than the Zoning Ordinance would normally allow.
Sample Variance Formula The sample variance formulas for both types of data are specified below: Ungrouped Data: s2 = ?ni=1(xi??)2n?1 ? i = 1 n ( x i ? ? ) 2 n ? 1. Grouped data: s2 = ?ni=1f(mi?¯¯¯x)2N?1 ? i = 1 n f ( m i ? x ¯ ) 2 N ? 1.
Steps for calculating the variance by hand Step 1: Find the mean. To find the mean, add up all the scores, then divide them by the number of scores. ... Step 2: Find each score's deviation from the mean. ... Step 3: Square each deviation from the mean. ... Step 4: Find the sum of squares. ... Step 5: Divide the sum of squares by n ? 1 or N.