Variance - Clearly Explained (How To Calculate Variance)

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Komentáře • 113

  • @hitmanLis
    @hitmanLis Před rokem +36

    super clear. to the point. no excess details! just perfect pace, flow, and details, wow!

  • @StuffOffYouStuff
    @StuffOffYouStuff Před 5 měsíci +4

    absolutely brilliant! The simplest and clearest explanation yet, without starting with the equations too which just confuses people! You're a genius! Thanks

  • @RachelLovelace
    @RachelLovelace Před rokem +18

    Question: Why variance? I understand why Standard Deviation, but how does using variance clarify our data for interpretation? Thank you for the great video.

    • @nielsnaser4793
      @nielsnaser4793 Před rokem +4

      i have the same question, i cant find it anywhere on the internet

    • @tahaanouar2453
      @tahaanouar2453 Před rokem

      You're right I've been searching for an explanation to this without finding a clear answer, I only found out that the Mean Absolute Deviation is more inituitive measurement of spread for me...

    • @nielsnaser4793
      @nielsnaser4793 Před rokem +1

      @@tahaanouar2453 ive found the answer, variance is needed because further in statistics the variance should be the same between multiple variables. (variables that you set up against eachother) if one variance is bigger then the other your fucked. So for now remember that this is something for example a anova test.

  • @Borg8
    @Borg8 Před 2 lety +7

    Awesome!
    This video is perfect on each level.
    You speak loud and clear,
    Explanation are perfect,
    The video devided to topics.
    Thank you for your effort!

  • @desertezz
    @desertezz Před rokem +3

    One of the best explanations of variance I've ever seen.

  • @SharedDestiny
    @SharedDestiny Před 2 lety +6

    Thanks a lot. You are a great teacher sir. So easy to understand. Do keep sharing. You are helping people at large and contributing to their success.

  • @jakesparrow5716
    @jakesparrow5716 Před 3 měsíci

    Finally a video answering my question in a straight forward manor. What I'd struggled to get a clear explaination on was both interpreting the variance/St dev as well as what there significance was relative to the average.

  • @stingwray6404
    @stingwray6404 Před 2 lety +70

    Essentially variance’s only use is to calculate standard deviation, which is actually helpful to interpret data 😂

    • @kingler199
      @kingler199 Před 2 lety +10

      HAHAHA THIS IS THE CONCLUSION THAT I HAVE ARRIVED TO

    • @RachelLovelace
      @RachelLovelace Před rokem +3

      Right?!

    • @shimasfaris2917
      @shimasfaris2917 Před rokem +1

      Literally 😂

    • @borabozdogan1998
      @borabozdogan1998 Před rokem +8

      You're right but it's a little more complicated than that.
      The variances of independent variables can be add up, but the standart deviations can't (because when we take the root of each variance individually and then sum them up we get a biased result)
      Also the variance has plenty of mathematical uses, which the standart deviation can't achieve.
      Hope this helped

    • @jacobstrength3945
      @jacobstrength3945 Před 9 měsíci

      It’s also used when determining standard error, which is used for determining margins of error.

  • @conornoble6205
    @conornoble6205 Před 2 lety +8

    These are great videos you're doing here. I just started an online statistics course and your explanations have been helping out a lot! Thanks!

  • @lettuce8897
    @lettuce8897 Před 2 lety +6

    Thank you so much! I have a machine learning and artificial intelligence module in university and I did not take focus on maths as one of my modules before university so I was really confused when I first encountered it. This helped me understand it a lot and you talk very clearly and concisely.

  • @trolltoll440
    @trolltoll440 Před rokem

    Thank you for making a video that was so easy to understand that i was able to watch while trimming my armpit hair

  • @chocoberry434
    @chocoberry434 Před 10 měsíci

    i wanna say thank you so much that im crying because now i really know what variance and standar deviation is😭😭😭✨✨✨ your explanation is everything! this helps me a lott!

  • @fridaa.l.2191
    @fridaa.l.2191 Před 2 lety +1

    Thank you very much, with your videos I have been able not just to understand, but also to love more statistics.
    :) Greetings from Mexico.

  • @sas.nimastig8118
    @sas.nimastig8118 Před 9 měsíci +1

    My guy did something in 5 mins that my uni teacher couldn't do in 3 months🤣❤

  • @OnerousEthic
    @OnerousEthic Před 2 lety +3

    That is one definition of The Variance; here is mine: it is the rule by which one dimensional scalar data is converted to two dimensional data to map one dimensional (linear) data into two dimensional (probability) space. It is based upon geometry and Pythagorean Theorem. Does that make sense?
    Here is another definition: it is a square in imaginary space, the area of which is the sum the areas of all the individual variances, and it is a two dimensional probability space. We calculated it was integration.
    We can reduce the space from two dimensions into one by taking the square root of that scaler. That is the standard deviation. The standard deviation is the square root of the variance.
    2:48: 28.4 is the radius of the circle in the space that was constructed from the data. It is the hypotenuse of a triangle that was constructed by adding the “Areas of Deviance” from the data points.
    3:00 Because the Variance is the hypotenuse of a triangle that was constructed from the products of right triangles, we may use The Pythagorean Theorum to calculate its length by finding the square root.
    YW! Upvotes please!

    • @Sam-vz8gn
      @Sam-vz8gn Před 2 lety

      How would to represent variance using a two dimensional graph & what would it represent? How would it be different from that of Standard deviation?

    • @OnerousEthic
      @OnerousEthic Před 2 lety

      @@Sam-vz8gn I made a mistake! It is the standard deviation that is the hypotenuse: The standard deviation is the square root of the variance!
      I am in the process of re-writing my post until further notice…

  • @Cheesecake99YearsAgo
    @Cheesecake99YearsAgo Před rokem +3

    Good explanation
    Would be better if you could include maybe 3 to 5 examples so we have a better sense of how it works

  • @ZainYMijbil
    @ZainYMijbil Před 3 měsíci

    Cheers. It is very helpful (simple, neat, and elegant)

  • @krishnateja7728
    @krishnateja7728 Před 23 dny

    Amazing!! Lovely explanation.

  • @Mr.E6969
    @Mr.E6969 Před 11 měsíci

    Thank you 🙏 you explained it a thousand standard deviations better than my professor. You're a life saver!

  • @stephenscott5044
    @stephenscott5044 Před rokem +2

    This was so clear. Super helpful. Thank you!

  • @nurmohammad2979
    @nurmohammad2979 Před 7 měsíci

    Well explained. I am working on spatial analysis of variance of climate datasets, this video helped me to clearly understand what variance is and where to apply!

  • @jackfrancis4528
    @jackfrancis4528 Před rokem +3

    Hello. Great video. I am curious what benefit using variance has over standard deviation. In what situation would I use variance instead? Thank you

  • @gdm_music
    @gdm_music Před 7 měsíci

    love these kind of tutorials

  • @ruhamasidqy6005
    @ruhamasidqy6005 Před 20 dny

    very informative sir, thank you

  • @annamelody5724
    @annamelody5724 Před 6 měsíci +1

    Hi, i have a line of data which consists of these numbers {4, 3, 5, 6 ,4, 5, 7,6,5,4} and i have Mean = 4,9 and the variance of 1.4333. My question is, is this variance considered high or low ?

  • @thedataprofs3867
    @thedataprofs3867 Před rokem +1

    Clear and concise, great video!

  • @alishamichelle166
    @alishamichelle166 Před 5 měsíci

    Thank you! I understood every word!

  • @sandorattilapabar6773
    @sandorattilapabar6773 Před 3 lety +1

    Finally! Statistic basics, where I doesn't fall asleep.

  • @Unknowing0011
    @Unknowing0011 Před rokem

    Thanks for the very clear explanation.

  • @FrankT860
    @FrankT860 Před 4 měsíci

    Really good video. One question. When can we say that the variance is low or high? is there any kind of global value to refer to the data when the variance is low or high?
    Really good video.

  • @edwindsouza7157
    @edwindsouza7157 Před 5 měsíci

    nicely explained

  • @Ms.Hanaaa_Hammam_English

    incredible, thanks a lot

  • @muhammadomarkhayyamkhan3593
    @muhammadomarkhayyamkhan3593 Před 8 měsíci

    Whey we need variance and where do we use ? Please explain. It was good explanation.

  • @absentbydefault
    @absentbydefault Před 11 měsíci

    Simple and clean, thanks

  • @sindre5988
    @sindre5988 Před 3 měsíci

    So fucking good, never stop

  • @katalinbrigittapetho4982
    @katalinbrigittapetho4982 Před 8 měsíci

    Thank you so much for this video! It is just perfect!

  • @Mel-nc3yo
    @Mel-nc3yo Před rokem

    Very well explained. Finally understand!

  • @Non-Existent03
    @Non-Existent03 Před rokem

    Thank you. I understand so well the concept.

  • @riyamary07
    @riyamary07 Před 5 měsíci

    Thank you ❤

  • @aproxymatt
    @aproxymatt Před 9 měsíci

    Massively helpful thank you

  • @richpeacock
    @richpeacock Před 5 měsíci

    excellent

  • @salimmayan9646
    @salimmayan9646 Před 11 měsíci

    Thank you

  • @aleksandrapopov1676
    @aleksandrapopov1676 Před 2 lety

    Super cool explanation !!!! Thank you!

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    @Joseph_757w Před měsícem

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  • @user-ig2ej6gw8n
    @user-ig2ej6gw8n Před 10 měsíci

    Thanks

  • @financenanchahal8801
    @financenanchahal8801 Před 2 lety

    Amazingly explained.....

  • @marcao121
    @marcao121 Před rokem

    thanks and well explained

  • @vindyakelum90
    @vindyakelum90 Před 11 měsíci

    Awesome nicely explained ❤❤

  • @AliMateen
    @AliMateen Před 2 lety

    Concise and complete

  • @gonzalomunozg
    @gonzalomunozg Před 2 lety +3

    The “n” of the population variance should be “N”

  • @user-im8ei6lq2o
    @user-im8ei6lq2o Před 2 lety

    Awesome video thanks for the video, dear! 😎

  • @santisav2
    @santisav2 Před rokem +2

    But why n-1.

    • @theobserver8881
      @theobserver8881 Před měsícem +1

      cuz the mean has been subtracted from each value, so one less value.

  • @johnvincentraj
    @johnvincentraj Před 2 lety

    What is the value of Standard Deviation were the observations are the lengths in days of the 12 different months in a leap year ?

  • @alihayati7
    @alihayati7 Před rokem

    First of all, great video. Second, can u please explain why we get ZERO if we don't square. Thanks 😊

  • @e.s298
    @e.s298 Před rokem

    Thanks,so clear(:

  • @fathoniam8997
    @fathoniam8997 Před 11 měsíci

    wow, super clear.

  • @osnatcsillag8596
    @osnatcsillag8596 Před rokem

    thank you!!!

  • @thegreenlandshark6086
    @thegreenlandshark6086 Před 2 lety

    Thanks awesome explnantion

  • @user-gc9vr4rv3p
    @user-gc9vr4rv3p Před 2 lety

    Tq sir very good explanation

  • @Alireza10Rezaei10
    @Alireza10Rezaei10 Před 2 lety

    thats great... thanks.

  • @aniruddhakumar6
    @aniruddhakumar6 Před rokem

    thank you

  • @mtuncrr
    @mtuncrr Před 4 měsíci

    I don't know how many ways there are to calculate the variance but I calculate it by (EX^2-(EX)^2/N)/N

  • @user-wt2by1xt7z
    @user-wt2by1xt7z Před rokem

    Tnx

  • @evelyntromp789
    @evelyntromp789 Před 6 měsíci

    Amazing!!!!

  • @ekramulhaque
    @ekramulhaque Před rokem

    great video

  • @daphnepolemi6557
    @daphnepolemi6557 Před 2 lety

    THANK YOU!

  • @jaimedpcaus1
    @jaimedpcaus1 Před 3 lety

    Just awesome!

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    @Wonda-m3b Před měsícem

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  • @joymia2109
    @joymia2109 Před 2 lety

    Very well expained

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    @Ruth_85u0 Před měsícem

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  • @yiguy5ed6ugh8h7
    @yiguy5ed6ugh8h7 Před rokem

    Variance ---> SD ---> SE
    Welcome

  • @user-lm2oe9wi5h
    @user-lm2oe9wi5h Před 9 měsíci

    Are the data points really obtainted from a sample population ? Why did he consider all the data sets in that case?

  • @josephdlastrilla
    @josephdlastrilla Před 8 měsíci

    Supposed to be divided by 6?

  • @subhadipmondal4555
    @subhadipmondal4555 Před 11 měsíci

    This type of explanation, I called them " BULLSEYE EXPLANATION " !!

  • @bigsassyster
    @bigsassyster Před rokem

    If I pull a card to try for the ace of spades (1/52 chance) and I win $500 each time I do, and $0 all the other times, how do I calculate the variance? each pull would be 1/52 (not 1/52 then 1/51 then 1/50...)

  • @donnetteblake5108
    @donnetteblake5108 Před 2 lety

    Is there a easier way to find the variance

  • @im-Anarchy
    @im-Anarchy Před rokem

    please tell couldn't we have just taken sum of absolute values rather squaring them

  • @donnetteblake5108
    @donnetteblake5108 Před 2 lety

    Is there a easier way to get 5he variance

  • @Mobliephone
    @Mobliephone Před 2 lety

    I don't understand one thing .......why should we square the values that we have subtracted from mean.........I am tense about this question

    • @harisudhan8481
      @harisudhan8481 Před 2 lety

      If you don't square, the sum would be zero. To avoid that we square and add them

    • @Mobliephone
      @Mobliephone Před 2 lety

      @@harisudhan8481 Yeah your right....!

    • @Mobliephone
      @Mobliephone Před 2 lety

      @@harisudhan8481 But can't we take values as it is!!??

  • @furkananlar6794
    @furkananlar6794 Před rokem

    king

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    @Anthony__7m1 Před měsícem

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  • @Gascoigne1
    @Gascoigne1 Před 6 měsíci

    Jay Pillai gang

  • @RubenJoseph-dk3wx
    @RubenJoseph-dk3wx Před 5 měsíci

    I'd not understand about standard variance

  • @seb1452
    @seb1452 Před rokem

    hej

  • @sahnounhbib9028
    @sahnounhbib9028 Před 10 měsíci

    Why 6-1

    • @mtuncrr
      @mtuncrr Před 4 měsíci

      sample variance = n-1, population variance = n

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  • @egemenbags5465
    @egemenbags5465 Před 5 měsíci

    You did nothing explained for whole of the video

    • @Franckzzz
      @Franckzzz Před 5 měsíci

      I think it’s maybe because your English is not good enough to comprehend what he is teaching.

    • @egemenbags5465
      @egemenbags5465 Před 5 měsíci

      @@Franckzzznah my english is pretty enough to understand these type of videos but in the video he explained nothing he just showed us how variance is calculated. This is not an explanation of what variance is.

  • @minecraftrtx2894
    @minecraftrtx2894 Před 2 lety

    Thank you

  • @couragee1
    @couragee1 Před 2 lety

    thank you