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everettForth
on Oct 16, 2013
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US Federal Employee Salaries (2012)
"Average 78,673.52 Stand. Deviation 39,191.8525 Max 398,322.00 Min 0.00 Variance 1,536,001,304.3535"
I don't think variance is being calculated correctly
11001
on Oct 16, 2013
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It is actually correct. Variance is measured in "squared dollars", so it's not very meaningful in terms of interpretation.
tgeo
on Oct 16, 2013
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It is actually correct. Variance is standard deviation squared.
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I don't think variance is being calculated correctly