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The other way to look at financial variance is as a percentage of the budget for that item. To get the percentage, divide the raw dollar-amount difference by the amount budgeted, and then subtract ...
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 ...
We'll calculate the historical monthly variance of the S&P 500 Total Return Index over a five-year period from August 2010 through July 2015 -- that's 60 observations (5 years x 12 months).
First, calculate the percentage over budget for the total budget to get an understanding of the overall project. Start by finding the difference between the actual total expenses and total ...
How to Calculate Variance in OpenOffice. Variance is a statistical calculation that numerically describes the amount of variation in a data set. If values in a data set wildly fluctuate, variance ...