`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.

Returns the actual variance of the values passed as parameter.`Returnype :`

`Exceptions :`

StatisticsErroris raised for data-set less than 2-values passed as parameter.

Throws impossible values when the value provided asxbardoesn’t match actual mean of the data-set.

**Code #1 :**

`# 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))) ` |

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**Output :**

Variance of sample set is 0.40924

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

`# 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))) ` |

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**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

`# 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))) ` |

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**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

`# 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` `)) ` |

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**Output :**

0.3656666666663053

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

**Code #4 :** Demonstrates StatisticsError

`# Python code to demonstrate StatisticsError ` ` ` `# importing Statistics module ` `import` `statistics ` ` ` `# creating an emoty data-srt ` `sample ` `=` `[] ` ` ` `# will raise Statistics Error ` `print` `(statistics.variance(sample)) ` |

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**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.

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