Question

Problem with variance/covariance functions in MS Excel

Asked by: mircea_a

Hello,

I think that either I am doing somehing wrong or there is something wrong with the var and covar functions in MS Excel. As far as I know, covar(X,X)=var(X). But if I try this in Excel I get different values for var and covar.

For example for the following array I get: covar = 0.073677003 and var = 0.07621759. Is there something wrong?

Here's the sample that I've used:
0.11989617
0.757193146
0.931836659
0.055864459
0.923328766
0.332419631
0.880967241
0.302230366
0.40308144
0.959484193
0.169407078
0.269455889
0.260161971
0.968286904
0.793396228
0.48580875
0.554637763
0.480689205
0.329393425
0.701660967
0.36189165
0.184282872
0.438115089
0.494718346
0.63729128
0.822063733
0.567873293
0.152945253
0.49561182
0.711872619


This Question has been solved and asker verified All Experts Exchange premium technology solutions are available to subscription members.

Subscribe now for full access to Experts Exchange and get

Instant Access to this Solution

  • Plus...
  • 30 Day FREE access, no risk, no obligation
  • Collaborate with the world's top tech experts
  • Unlimited access to our exclusive solution database
  • Never be left without tech help again

Subscribe Now

Asked On
2007-06-09 at 15:35:15ID22624089
Tags

excel

,

covariance

,

variance

Topics

Probability & Statistics

,

Microsoft Excel Spreadsheet Software

,

Math & Science

Participating Experts
1
Points
500
Comments
3

Trusted by hundreds of thousands everyday for fast, accurate and reliable tech support.

  • "The time we save is the biggest benefit of Experts Exchange to Warner Bros. What could take multiple guys 2 hours or more each to find is accessed in around 15 minutes on Experts Exchange." Mike Kapnisakis, Warner Bros.
  • "Our team likes having a resource that is more secure than just using Google and most experts using this service really know their stuff. It's nice to look here first versus using Google." Dayna Sellner, Lockheed Martin
  • "Anytime that I've been stumped with a problem, 9 out of 10 times Experts Exchange has either the accepted solution or an open discussion of the potential solution to the problem." Kenny Red, eBay Inc.

See what Experts Exchange can do for you.

Got a question?

We've got the answer.

Experts Exchange has been collecting answers to technology questions since 1996…3 million and counting! If you have a question, chances are we already have your answer.

Screenshot of Experts Exchange Knowledgebase

Need individual assistance?

Our experts are ready to help.

If you can't find the exact answer you're looking for, ask our exclusive community of 50,000 experts. You’ll get a personalized answer from a trusted professional.

Screenshot of Experts Exchange Knowledgebase

Want to learn from the best?

Read articles from industry experts.

Thousands of free tech tips, tricks, how-to’s and tutorials are available in our peer reviewed articles section. See for yourself how smart our experts are, no login required.

Screenshot of an Article

Working on a long term project?

Store your work and research.

Save solutions to your questions, answers you’ve discovered through searching plus helpful articles in your personal knowledgebase for easy future access.

Screenshot of Experts Exchange Knowledgebase

Access the answers to your technology questions today.

Subscribe Now

30-day free trial. Register in 60 seconds.

What Makes Experts Exchange Unique?

Members of the expert community talk about why the experience at Experts Exchange is different than what you will find anywhere else.

Trusted by the world's most respected brands.

image of each brand's logo

Faithfully serving IT professionals since 1996.

Experts Exchange Logo

Try it out and discover for yourself.

Subscribe Now

30-day free trial. Register in 60 seconds.

Related Solutions

  1. List Top 2 and bottom 2 variances
    Hi, I have a series of data which i would like to list in the ascending order of variance. I would like to acheive this by not using Data> Sort , pivot , or through Macros (the users are not conversant with these). I am looking for a solution with formulae. Sample Data D...
  2. Calculating Variance
    HI, I have to calculate the Variance of a user input in Java. I have to use this formula: V(X) = E(X²) - (E(X))² The user input may consist of an arbitrary amount of integers from 1 to 5. The thing is that I have absolutely no clue how to code this formula. So if anyone can...
  3. calculating variance
    Hi, I've an excel spreadsheet with the following Column A _ contains a range - 10-40% Column B - contains an actual value - for example 26 % so for example Column A Colummn B Column C Range Actual Variance 10-40% 26% 0% 1...
  4. Charting variance in MS Excel
    I would like a simple chart to show the variance in the number of envelopes received in a year. Below is my data set. In the year 2005 the low number of envelopes received in any one month was 754 In the year 2006 the high number of envelopes received in any one month was 9,6...
  5. Check variances in excel spreadsheets...
    Hello all! I'm at work and I'm not a very advanced Excel user. I have two spreadsheets of clients, one being the one that I have made and one being the main list held on the company's system. They should have the same number of contacts in each but my one has less. What I ne...

Free Tech Articles

  1. WARNING: 5 Reasons why you should NEVER fix a computer for free.
    It is in our nature to love the puzzle. We are obsessed. The lot of us. We love puzzles. We love the challenge. We thrive on finding the answer. We hate disarray. It bothers us deep in our soul. W...
  2. SCCM OSD Basic troubleshooting
    SCCM 2007 OSD is a fantastic way to deploy operating systems, however, like most things SCCM issues can sometimes be difficult to resolve due to the sheer volume of logs to sift through and the dispe...
  3. Migrate Small Business Server 2003 to Exchange 2010 and Windows 2008 R2
    This guide is intended to provide step by step instructions on how to migrate from Small Business Server 2003 to Windows 2008 R2 with Exchange 2010. For this migration to work you will need the fo...
  4. Create a Win7 Gadget
    This article shows you how to create a simple "Gadget" -- a sort of mini-application supported by Windows 7 and Vista. Gadgets can be dropped anywhere on the desktop to provide instant information, ...
  5. Outlook continually prompting for username and password
    There have been a lot of questions recently regarding Outlook prompting for a username and password whilst using Exchange 2007. There are a few reasons why this would happen and I will try to cover t...
  6. Backup Exchange 2010 Information Store using Windows Backup
    There seems to be quite a lot of confusion around the ability to backup Exchange 2010 using the built in Windows Backup feature. This stems from the omission of this feature prior to Exchange 2007 s...

Cloud Class Webinars

  1. Avoiding Bugs in Microsoft Access
    Alison Balter takes and in-depth look at avoiding bugs in Access. In this webinar you will learn about using the immediate window to debug your applications, invoking the debugger, using breakpoints to troubleshoot, stepping through code, setting the next statement to execute, ...
  2. Top 10 Best New Features in Visio 2010
    Scott Helmers gives live demonstrations of the top 10 new features in Visio 2010. This webinar will teach you how to create compelling diagrams by adding shapes to the page with a single click, linking the shapes in a diagram to data in Excel (or SQL Server, or SharePoint), ...
  3. IT Consultant Business Secrets Revealed
    Michael Munger, Experts Exchange tech pro and IT consultant, pulls back the curtain on his very successful businesses and answers question on every IT consultant and business owner should know about. He shares secrets on what he did to solve the 5 most common problems in IT, ...
  4. Disaster Recovery and Business Continuity
    Quest CTO, Mike Billon, gives an overview of the steps involved in building a dunamic disaster recovery plan. Through case studies and an examination of software/hardware tooles for monitoring and testing, you'll gain a better understandin of where you are, where you want ...
  5. Organize Your Visio Diagrams with Containers and Lists
    Scott Helmers uses cross functional flowcharts, wireframe diagrams, data graphic legends and seating charts to teach you: how to ustilize all three new structured diagram components in Visio 2010, the best practices for organizeing shapes in previous version of Visio, how to organize ...
  6. How to Us Objects, Properties, Events and Methods in Microsoft Access
    Alison Dalter gives an in-depbth look at objects, properties, events and methods in Microsoft Access. In this webinar you will learn about using the object browser, referring to objects, working with properties and methods, working with object variables, understanding the ...

Join the Community

Give a Little. Get a Lot.

Join the community of experts here and help other tech pros by answering question in your area of expertise. You can earn FREE access to all Experts Exchange's premium features and resources.

Join the Community

Answers

 

by: patrickabPosted on 2007-06-09 at 17:52:23ID: 19250745

mircea_a,

Use VARP() and it will give you the correct result. I have checked it manually using the sum of the squares of the differences from the mean, divided by the number of items.

=(STDEVP(A1:A30))^2

Will also give you the correct result. After all the square of the Std Deviation = Variance

Hope that helps

Patrick

 

by: patrickabPosted on 2007-06-10 at 02:27:32ID: 19252460

mircea_a,

By the way you can get the variance in one formula and you can be sure it produces the correct answer as it simply does what it says on the can (so to speak) - it's this:

=SUM((A1:A30-AVERAGE(A1:A30))^2)/30

Enter it as an array formula using CTRL+SHIFT+ENTER and Excel will automatically convert the formula to:

{=SUM((A1:A30-AVERAGE(A1:A30))^2)/30}

You will find that, that formula will give the same result as VARP().

Hope that helps a bit more.

Patrick

 

by: patrickabPosted on 2007-06-11 at 01:40:01ID: 19256560

mircea_a - Thanks for the grade - Patrick

20120131-EE-VQP-002

3 Ways to Join

30-Day Free Trial

The Experts

98% positive feedback on 31,087 answers since March 2000. angeliii is a Microsoft Most Valuable Professional for his work with MS SQL Server & Develoment.

He has also proven his knowledge of Visual Basic Programming, PHP Scripting and Oracle Databases.

The Experts

97% positive feedback on 10,752 answers since July 2000. lrmoore has more than 18 years experience in the networking industry.

The six-time Mircosoft MVPs specialties include firewalls, virtual private networking, and network management.

Testimonials

"...and excellent source for support... Kind of like having your very own IT dept." Electriciansnet

Testimonials

"I was apprehensive at signing up at first. However... it has already made my life as an IT administrator much easier." JaCrews

Testimonials

"WOW! You guys have great, active, and knowledgeable people on here." moore50

Business Clients

Business Clients

In the Press

"If you’ve got a question... Experts Exchange can supply an answer.”

In the Press

"...an invaluable aid for both IT professionals and those who require tech support."

In the Press

"where IT professionals provide quick answers on just about any topic"

Business Account Plans

Loading Advertisement...