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Noun: variance  veh-ree-un(t)s
  1. The quality or degree of being subject to variation
    "The variance of stock prices keeps investors on their toes";
    - variability, variableness
     
  2. A difference between conflicting facts, claims or opinions
    "a growing variance of opinion";
    - discrepancy, disagreement, divergence
     
  3. (statistics) the second moment around the mean; the expected value of the square of the deviations of a random variable from its mean value
    "A high variance indicates that the data points are spread out over a wider range"
     
  4. An activity that varies from a norm or standard
    "any variance in his routine was immediately reported";
    - variation
     
  5. An event that departs from expectations
    "The auditor noticed a variance in the financial records";
    - discrepancy, variant
     
  6. Discord that splits a group
    "There was significant variance in opinion among the committee members";
    - division
     
  7. An official dispensation to act contrary to a rule or regulation (typically a building regulation)
    "a zoning variance"

Sounds like: vaper, vapour, riance, va

Derived forms: variances

Type of: activity, changeability, changeableness, departure, deviation, difference, disagreement, discord, dispensation, dissension, dissonance, divergence, moment

Encyclopedia: Variance