The variance measures how far each number in the set is from the mean. You can use Microsoft Excel to calculate the variance of the data you have entered into a spreadsheet.

How to calculate revenue and expense variance to the budget Before analyzing what budget variances mean, they must first be calculated.

Cost and schedule variance data are part of earned value analysis, which is a tool that small and large businesses use as an early-warning system to identify and manage problems in ongoing projects.

How to Calculate Variance in OpenOffice. Variance is a statistical calculation that numerically describes the amount of variation in a data set. If values in a data set wildly fluctuate, variance ...