Excel VARA function
Function VARA
Description Excel VARA function returns the sample Variance of a supplied set of values.
Syntax VARA(number1, [number2], …)
number1 First numerical value or reference in the sample.
number2 [optional] Second numerical value or reference in the sample.
Example:
=VARA(12,22,34,18)=86.333
Average of these 4 numbers is 21.5
=((12-21.5)^2+(22-21.5)^2+(34-21.5)^2+(18-21.5)^2)/(4-1)=86.333
Usage Note:
The Variance is a statistical formula to measure how far a data set is spread out. The technical definition is “The average of the squared differences from the mean,”
When the data set is a sample of a large data set then instead of the Variance, Sample Variance is used. The equation for this is:
where,
x refer to each value in the set;
x̄ is the average (statistical mean) of the set of values;
n is the number of values.
Excel VARA function is very similar to Excel VAR function. But there are some difference among them
- Logical values within arrays are ignored by VAR function but it is counted (TRUE=1, FALSE=0) in VARA function.
- Text within arrays and reference arguments are ignored by VAR function but it is counted 0 in VARA function.