Python statistics | variance()

Statistics module provides very powerful tools, which can be used to compute anything related to Statistics. variance() is one such function. This function helps to calculate the variance from a sample of data (sample is a subset of populated data). 
variance() function should only be used when variance of a sample needs to be calculated. There’s another function known as pvariance(), which is used to calculate the variance of an entire population.
In pure statistics, variance is the squared deviation of a variable from its mean. Basically, it measures the spread of random data in a set from its mean or median value. A low value for variance indicates that the data are clustered together and are not spread apart widely, whereas a high value would indicate that the data in the given set are much more spread apart from the average value. 
Variance is an important tool in the sciences, where statistical analysis of data is common. It is the square of standard deviation of the given data-set and is also known as second central moment of a distribution. It is usually represented by in pure Statistics.
Variance is calculated by the following formula : 

It’s calculated by mean of square minus square of mean

Syntax : variance( [data], xbar )
Parameters : 
[data] : An iterable with real valued numbers. 
xbar (Optional) : Takes actual mean of data-set as value.
Returntype : Returns the actual variance of the values passed as parameter.
Exceptions :
StatisticsError is raised for data-set less than 2-values passed as parameter. 
Throws impossible values when the value provided as xbar doesn’t match actual mean of the data-set. 

Code #1 :

Python3

# Python code to demonstrate the working of
# variance() function of Statistics Module

# Importing Statistics module
import statistics

# Creating a sample of data
sample = [2.74, 1.23, 2.63, 2.22, 3, 1.98]

# Prints variance of the sample set

# Function will automatically calculate
# it's mean and set it as xbar
print("Variance of sample set is % s"
      %(statistics.variance(sample)))

Output :

Variance of sample set is 0.40924

Code #2 : Demonstrates variance() on a range of data-types 

Python3

# Python code to demonstrate variance()
# function on varying range of data-types

# importing statistics module
from statistics import variance

# importing fractions as parameter values
from fractions import Fraction as fr

# tuple of a set of positive integers
# numbers are spread apart but not very much
sample1 = (1, 2, 5, 4, 8, 9, 12)

# tuple of a set of negative integers
sample2 = (-2, -4, -3, -1, -5, -6)

# tuple of a set of positive and negative numbers
# data-points are spread apart considerably
sample3 = (-9, -1, -0, 2, 1, 3, 4, 19)

# tuple of a set of fractional numbers
sample4 = (fr(1, 2), fr(2, 3), fr(3, 4),
                     fr(5, 6), fr(7, 8))

# tuple of a set of floating point values
sample5 = (1.23, 1.45, 2.1, 2.2, 1.9)

# Print the variance of each samples
print("Variance of Sample1 is % s " %(variance(sample1)))
print("Variance of Sample2 is % s " %(variance(sample2)))
print("Variance of Sample3 is % s " %(variance(sample3)))
print("Variance of Sample4 is % s " %(variance(sample4)))
print("Variance of Sample5 is % s " %(variance(sample5)))

Output :

Variance of Sample 1 is 15.80952380952381 
Variance of Sample 2 is 3.5 
Variance of Sample 3 is 61.125 
Variance of Sample 4 is 1/45 
Variance of Sample 5 is 0.17613000000000006 

Code #3 : Demonstrates the use of xbar parameter 

Python3

# Python code to demonstrate
# the use of xbar parameter

# Importing statistics module
import statistics

# creating a sample list
sample = (1, 1.3, 1.2, 1.9, 2.5, 2.2)

# calculating the mean of sample set
m = statistics.mean(sample)


# calculating the variance of sample set
print("Variance of Sample set is % s"
    %(statistics.variance(sample, xbar = m)))

Output :

Variance of Sample set is 0.3656666666666667

Code #4 : Demonstrates the Error when value of xbar is not same as the mean/average value 

Python3

# Python code to demonstrate the error caused
# when garbage value of xbar is entered

# Importing statistics module
import statistics

# creating a sample list
sample = (1, 1.3, 1.2, 1.9, 2.5, 2.2)

# calculating the mean of sample set
m = statistics.mean(sample)

# Actual value of mean after calculation
# comes out to 1.6833333333333333
# But to demonstrate xbar error let's enter
# -100 as the value for xbar parameter
print(statistics.variance(sample, xbar = -100))

Output :

0.3656666666663053

Note : It is different in precision from the output in Code #3 

Code #4 : Demonstrates StatisticsError 

Python3

# Python code to demonstrate StatisticsError

# importing Statistics module
import statistics

# creating an empty data-srt
sample = []

# will raise Statistics Error
print(statistics.variance(sample))

Output :

Traceback (most recent call last):
  File "/home/64bf6d80f158b65d2b75c894d03a7779.py", line 10, in 
    print(statistics.variance(sample))
  File "/usr/lib/python3.5/statistics.py", line 555, in variance
    raise StatisticsError('variance requires at least two data points')
statistics.StatisticsError: variance requires at least two data points

Applications :
Variance is a very important tool in Statistics and handling huge amounts of data. Like, when the omniscient mean is unknown (sample mean) then variance is used as biased estimator. Real world observations like the value of increase and decrease of all shares of a company throughout the day cannot be all sets of possible observations. As such, variance is calculated from a finite set of data, although it won’t match when calculated taking the whole population into consideration, but still it will give the user an estimate which is enough to chalk out other calculations.