Barrons Dictionary | Definition for: variance. The unfavorable variance equals $80 vs A positive variation (when the actual cost is lower than the standard or anticipated cost) would translate into a higher profit unless offset by negative variances elsewhere. Real estate: allowed exception to zoning rules.
with positive skewness, small kurtosis, and low variance. .. return, the CVaR is always more extreme than VaR by definition. .. to large value, small value, global high yield, U.S. real estate, and U.S. inflation linked.
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. Every week I'll send you a wrap of all activity on QuantStart so you'll never miss a post. Hence, it is actually known as the training MSE. Often when a house is viewed and it has the word 'variance' on the legal description, it may be put aside as complicated or out of 25 dollar slot machine odds ordinary. I think that brief explanation would do the trick. I give a talk of Importance of knowing SD and estimating errors see PS. See below: The particular image above is from Encyclopedia of Machine Learningand the reference within the image is Moore and McCabe's "Introduction to the Practice of Statistics".