variance vartâyi Fr.: variance A measure of the scatter of the values of a random variable (X) about its mean (μ). Var(X) = E(X -μ)2. The positive square root of the variance is called the → standard deviation. Etymology (EN): M.E., from O.Fr. variance, from L. variantia, from variare “to change,” → vary. Etymology (PE): Vartâyi quality noun from vartâ agent noun from vartidan, → vary. |