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What does a big variance mean?

Benjamin Brown | 2023-06-17 09:46:26 | page views：1854
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Emily Nguyen

Studied at Massachusetts Institute of Technology (MIT), Lives in Boston, MA
A variance value of zero indicates that all values within a set of numbers are identical; all variances that are non-zero will be positive numbers. A large variance indicates that numbers in the set are far from the mean and each other, while a small variance indicates the opposite.
2023-06-27 09:46:26
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Julian Martinez

QuesHub.com delivers expert answers and knowledge to you.
A variance value of zero indicates that all values within a set of numbers are identical; all variances that are non-zero will be positive numbers. A large variance indicates that numbers in the set are far from the mean and each other, while a small variance indicates the opposite.
Variance - Investopedia
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