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Many real-world problems require the application of probability theory. Some problems necessitate estimating variance from a sample. Follow this article to learn how to use the VAR function in Excel to quickly solve such challenging problems.
Excel VAR Function
How to Use the VAR Function in Excel - Illustrated Examples
Where:
- number1: Required - The first number of the first set corresponding to a sample in a population.
- number2: Optional - Numerical values from 2 to 255 corresponding to a sample in a population.
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Consider the Example Below
- Input your actual values in Excel corresponding to the parameters of the VAR function.
- Enter the VAR function formula in cell C11. You will get the result as shown below:
Now you have learned how to use the VAR function in Excel. The parameters in this VAR function need to be entered in the correct data type for computation, as entering text or error values that cannot be converted into numbers will cause errors. You can also refer to the STDEV function for effective use in your work.
