Cost and schedule variance data are part of earned value analysis, which is a tool that small and large businesses use as an early-warning system to identify and manage problems in ongoing projects.

Analysis of variance (ANOVA) is a statistical analysis tool that separates total variability found within a data set into two components: random and systematic factors.

The revenue variance for an accounting period is the difference between budgeted and actual revenue. A favorable revenue variance occurs when actual revenues exceed budgeted revenues, while the ...

A stock's historical variance measures the difference between the stock's returns for different periods and its average return. A stock with a lower variance typically generates returns that are ...

Market size variance and market share variance are two ways of using market data to determine its effect on a company's profits. While the two terms are related, they calculate the effects of ...

For example, let's say that your company has a 20% share of the market for a certain product, and that when you made your budget, the market for this product was expected to be for 110,000 units.

Output 30.7.7 is produced by the SUMMARY option in the REPEATED statement. If the POLYNOMIAL option is not used, a similar table is displayed using the default CONTRAST transformation. The linear, ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

This example uses the REG procedure to create plots from a data set. The variance inflation factors (output by the OUTVIF option in the previous example) are plotted against the ridge regression ...