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What is the difference between variance and standard deviation in Statistics?


Ravindra Pindel 22nd Jul, 2020
Answer (1)
Ravindra Pindel 22nd Jul, 2020
VarianceStandard Deviation

1. Variance is the average of the squared deviations from the mean.

1.  Standard deviation is the square root of the variance.

2. Variance is denoted as σ2(Sigma2).

2. Standard deviation is denoted as σ(Sigma).

3. The unit of variance is the square of the original unit.

3. The unit of Standard deviation is the same as the original unit.

4. It measures the dispersion of a dataset.4. It measures the spread of the data from its mean.

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