Which of the following best describes the concept of "variance"?

Name: Which of the following best describes the concept of "variance"?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Variance refers to the differences or variations in a set of measurements. It is a statistical concept that measures the degree of spread or dispersion of a set of data points around their mean. Option A (change is inevitable and all around us) and Option C (real fluctuations in measurement) are not accurate descriptions of variance.

Which of the Following Best Describes the Concept of "Variance