Databricks Certified Data Analyst Associate Exam - Topic 5 Question 43 Discussion
What describes the variance of a set of values?
D) Variance is a measure of how far a set of values is spread out from the sets central value.
Variance is a statistical measure that quantifies the dispersion or spread of a set of values around their mean (central value). It is calculated by taking the average of the squared differences between each value and the mean of the dataset. A higher variance indicates that the data points are more spread out from the mean, while a lower variance suggests that they are closer to the mean. This measure is fundamental in statistics to understand the degree of variability within a dataset.WikipediaWikipedia+1Investopedia+1
A) Variance is a measure of how far a single observed value is from a set ot va IN
B) Variance is a measure of how far an observed value is from the variable's maximum or minimum value.
C) Variance is a measure of central tendency of a set of values.
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