# variance

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**variance**— var|i|ance [ veriəns ] noun FORMAL uncount differences between two or more similar things: A recent study has found wide variance in death rates nationwide. a. count a difference at variance (with) if one thing is at variance with another, they… …22

**variance**— noun (U) formal 1 be at variance with if two people or things are at variance with each other, they do not agree or are very different: Tradition and culture are often at variance with the needs of modern living. 2 the amount by which two or more …23

**variance**— 1) In standard costing and budgetary control, the difference between the standard or budgeted levels of cost or income for an activity and the actual costs incurred or income achieved. If the actual performance is better than standard then a… …24

**variance**— noun Date: 14th century 1. the fact, quality, or state of being variable or variant ; difference, variation < yearly variance in crops > 2. the fact or state of being in disagreement ; dissension, dispute 3. a disagreement between two parts of… …25

**variance**— /vair ee euhns/, n. 1. the state, quality, or fact of being variable, divergent, different, or anomalous. 2. an instance of varying; difference; discrepancy. 3. Also called mean square deviation. Statistics. the square of the standard deviation.… …26

**Variance**— A measure of the dispersion of a set of data points around their mean value. Variance is a mathematical expectation of the average squared deviations from the mean. Variance measures the variability (volatility) from an average. Volatility is a… …27

**variance**— In standard costing and budgetary control, the difference between the standard or budgeted levels of cost or income for an activity and the actual costs incurred or income achieved. If the actual performance is better than standard then a… …28

**variance**— noun the variance between the two groups is slight at variance Syn: difference, variation, discrepancy, dissimilarity, disagreement, conflict, divergence, deviation, contrast, contradiction, imbalance, incongruity …29

**variance**— [ˈveəriəns] noun at variance (with) formal if one thing is at variance with another, they are completely different and seem to oppose each other[/ex] …30

**variance**— /ˈvɛəriəns / (say vairreeuhns) noun 1. the state or fact of varying; divergence or discrepancy. 2. an instance of this; difference. 3. Statistics the square of the standard deviation. 4. Law a. a difference or discrepancy, as between two… …