Data Science Course > Measures of Central Tendency and Variability

Variance and Standard Deviation in Data Science

59.6k

A statistical measurement of the dispersion between values in a data collection is known as variance. Variance expresses how far each number in the set deviates from the mean, and thus from every other number in the set. This symbol is frequently used to represent variation: σ2.

The standard deviation is a measure of the degree of uncertainty in a data set. A low standard deviation indicates that the majority of the data points are near to the mean (average). The numbers are spread out over a larger range when the standard deviation is high.

The following descriptive statistics are widely used to measure variability: The difference between the highest and lowest numbers is called the range. The range of a distribution's middle half is known as the interquartile range. The average distance from the mean is referred to as the standard deviation. Variance is defined as the average of squared deviations from the mean.

The standard deviation is the average difference between the mean and each member of the data collection. This comes in handy for calculating the dispersion of the data obtained. It's also simple to compute and automate.

To obtain the squared differences, remove the mean from each value and then square the results to get the variance. The average of those squared differences is then calculated. The variance is the end result. The standard deviation is a metric for determining how evenly distributed the numbers in a distribution are.

Learner's Ratings

4.4

Overall Rating

  • 73%
  • 16%
  • 6%
  • 4%
  • 1%

Reviews

P
PUSHPAK DILLIP MALI
4

The content and teaching style is excellent. But there is slight issue is that video quality is kind of poor the dashboard is blur on 720mp on PC.

S
Sayali Jadhav
4

Very useful all data

S
Syed Mohammad Qaiser Rizvi
5

Way of teaching is very good. I want to get PPT which he is using to teach us ?

A
Anuja Bagadi
5

It is a very interactive and useful course..

K
Kashinath Myakale
5

All courses is very useful for which are looking free courses and gaining knowledge

A
ANKiT KUMAR BAMNiYA
4

SC

D
DOGALA UDAYKUMAR
5

OK

A
Anuj Jehta
5

nice

N
Nishant Saxena
5

great content

A
Aditya Purohit
5

Very good course & amazing cocepts & detailed explaination of each and every thing . Thanku soo much Learn Vern ...

Show More
Recommended Courses
Course Content

  1. Understanding of Data Science
    7m 33s
  2. How to use LearnVern
    3m 20s

  1. Introduction to Data Measurement in Data Science
    10m 6s
  2. Types of Variables in Data Science
    2m 26s
  3. Levels of Data Measurement in Data Science
    10m 25s

  1. Charts and Graphs in Data Science
    4m 2s
  2. Frequency Distribution in Data Science
    5m 46s
  3. Bar Graphs and Pie Charts in Data Science
    9m 1s
  4. Summarizing Quantitative Data in Data Science
    7m 25s
  5. Cummulative Distribution in Data science
    8m 4s
  6. Histogram and Scatter Plot in Data Science
    7m 42s
  7. Cross Tabulation in Data Science
    6m 13s

  1. Measures of Central Tendency and Variability in Data Science
    6m 51s
  2. Mean and Percentiles in Data Science
    5m 32s
  3. Quartiles in Data Science
    2m 38s
  4. Measures of Variability in Data Science
    4m 56s
  5. Variance and Standard Deviation in Data Science
    7m 30s
  6. Application of Standard Deviation in Data Science
    5m 40s
  7. Z-score and Co-efficient of Variation in Data Science
    5m 23s
  8. Measures of Central Tendency for Grouped Data in Data Science
    3m 59s
  9. Standard Deviation and Variance for Grouped Data in Data Science
    11m 21s

  1. Skewness in Data Science
    5m 25s
  2. Kurtosis in Data Science
    3m 48s
  3. Box and Whisker Plots in Data Science
    3m 45s

  1. Hypothesis Testing in Data Science
    6m 33s
  2. Statistical Hypothesis in Data Science
    6m 30s
  3. Errors in Statistical Hypothesis in Data Science
    5m 45s
  4. Statistical Inference for Single Population in Data Science
    7m 11s
  5. Testing Example in Data Science
    5m 27s
  6. Statistical Inference with Two Population in Data Science
    8m 33s

  1. R Programming in Data Science
    5m 5s
  2. Data Types in R in Data Science
    3m 51s
  3. Understanding R Console and R Studio in Data Science
    7m 14s

  1. Analysis of Variance and Annova in Data Science
    3m 55s
  2. Assumption and Variation in One-Way ANOVA in Data Science
    7m 50s
  3. Two way ANOVA in Data Science
    7m 48s
  4. Summary of ANOVA in Data Science
    3m 11s
  5. ANOVA example in Data Science
    10m 50s
  6. One way ANOVA Example in Data Science
    4m 7s
  7. Two way ANOVA Example in Data Science
    9m 24s

  1. Understanding Datamining in Data Science
    7m 33s

  1. Introduction to Simple Linear Regression and Correlation in Data Science
    7m 28s
  2. Least Square and Residual Analysis in Data Science
    7m 15s
  3. Test assumption of Regression Model in Data Science
    7m 3s
  4. Hypothesis and Co-Efficient of Determination in Data Science
    4m 9s
  5. Regression Example - Creating Model in Data Science
    12m 1s
  6. Residual Analaysis of Model example in Data Science
    9m 7s
  7. Residual Analysis of Model Part 2 in Data Science
    8m 10s
  8. Residual Analysis of Model Part 3 in Data Science
    6m 38s

  1. Understanding Clustering in Data Science
    5m 58s
  2. Hierarchical Clustering in Data Science
    8m 33s
  3. Example of Hierarchial Clustering in Data Science
    13m 39s
  4. K Means Clustering in Data Science
    8m 6s
  5. Example of K Means Clustering in Data Science
    9m 41s

  1. Theoretical Concepts of Dashboard
    5m 41s
  2. Creating Pivots and Preparing Charts
    5m 36s
  3. Slicers in Dashboard
    3m 27s
  4. Preparing Final Dashboard
    8m 20s
  5. Presenting Dashboard
    3m 2s
Enroll For Free