Definitions

1. noun

The difference or degree of difference between values, amounts, or quantities.

“The study found a significant variance in the test scores of students from different schools.”

2. noun

A difference or deviation from a norm or standard.

“The variance in the company’s financial reports raised concerns among investors.”

3. verb

To vary or deviate from a norm or standard.

“The new policy may vary in its implementation depending on regional circumstances.”

4. noun

A statistical measure of the amount of variation or dispersion from the mean.

“The researcher calculated the variance of the data set to determine its standard deviation.”