The variability of a set of numbers can be expressed as a variance. Take a set of numbers, such as 4, 3, 7, 2, 9.
Here is how to calculate their variance:
1 Calculate the mean:
mean = (4+3+7+2+9)/5 = 5
2 For each number, calculate the square of its deviation from the mean. For the first number, 4, it is (5-4)2 = 1. We do likewise for all five numbers.
3 Add up the sum of the squared deviations from the mean; for the five numbers, it is 1 + 4 + 4 + 9 + 16 = 34.
4 Divide the sum by the n-1; n = 5 in this case.
variance = 34/4 = 8.5
The general formula for the variance of a character X is
V(x) = 1/ (n - 1) ∑ (Xi - Xm)²
xm is the mean, xi is a standard notation for a set of numbers. Here we have five numbers. In terms of the notation, that means that i can have any value from 1 to 5 and is the value of the character for each i. Thus x1 = 4, x2 = 3, x5 = 9. If there had been 50 numbers, i would have varied from 1 to 50 and we should proceed as in the example for all 50 numbers.
The variance describes how variable the set of numbers is: the higher the variance, the greater the differences among the numbers. If all the numbers were the same (all xi = xm) then their variance is zero. See also covariance.