Range, Variance, Standard Deviation
This Range, Variance, and Standard Deviation Calculator helps you analyze the spread and variability of your data distribution. It calculates the range (difference between maximum and minimum values), variance (average squared deviation from the mean), and standard deviation (square root of variance), helping you understand how dispersed your data points are from their average. For example, you can analyze test score distributions, measurement variations, or any numerical dataset to quantify its spread and consistency.
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Range
Definition
The range is the difference between the largest and smallest values in a dataset, measuring the total spread of values.
Formula
Example
For the numbers:
Key Points
- Simple to calculate but sensitive to outliers
- Only uses two values, ignoring all values in between
Variance
Definition
The variance measures how far a set of numbers are spread out from their mean. It's calculated as the average squared difference from the mean.
Formula
Sample Variance:
Population Variance:
Example
For the numbers:
Mean = 4
Key Points
- Uses squared differences, making it sensitive to outliers
- Units are squared (e.g., if data is in meters, variance is in meters squared)
Standard Deviation
Definition
The standard deviation is the square root of the variance, providing a measure of spread in the same units as the original data.
Formula
Sample Standard Deviation:
Population Standard Deviation:
Example
Using the previous variance example:
Key Points
- In same units as original data, making it more interpretable than variance
- Approximately 68% of data falls within one standard deviation of the mean in a normal distribution
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