Estimates variance based on a sample. In addition to numbers, text and logical values such as TRUE and FALSE are included in the calculation.
Syntax
VARA(value1,value2,...)
Value1, value2, ... are 1 to 30 value arguments corresponding to a sample of a population.
Remarks
where x is the sample mean AVERAGE(value1,value2,…) and n is the sample size.
Example
Suppose 10 tools stamped from the same machine during a production run are collected as a random sample and measured for breaking strength.
The example may be easier to understand if you copy it to a blank worksheet.
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