How to Calculate Variance in Excel To calculate variance in Excel, you will need to have your data set already entered into the software. Once you have your data, you can choose your formula based ...

Financial variance also plays a role in improving the budget process in the future. Actual data can inform budgeting decisions much better than pure estimates, and although many items will differ ...

Variance is a measurement of the spread between numbers in a data set. Investors use the variance equation to evaluate a portfolio’s asset allocation.