Our comprehensive variance calculator provides two calculation modes for precise statistical analysis:
📊 Population Variance
Use when you have data for the entire population. The formula divides by N (total count) and uses the symbol σ² (sigma squared). Perfect for complete datasets where you want to measure the variability of all values.
📈 Sample Variance
Use when your data represents a sample from a larger population. The formula divides by N-1 (degrees of freedom) and uses the symbol s². This provides an unbiased estimate of population variance.
Variance measures how much the data points vary from the mean. A higher variance indicates more spread in the data, while a lower variance indicates data points are closer to the mean. Our variance tool also calculates related statistics like mean and standard deviation.