noun “variance”
singular variance, plural variances or uncountable
- inconsistency between two or more things
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The variance between the two reports caused confusion among the team.
- the amount of difference between two or more things
There is high variance in sales between months.
- (in statistics) the average squared deviation from the mean
The scientist calculated the variance to understand the data's spread.
- (law) an official permission to do something that is usually not allowed by the regulations
The company obtained a variance to build a taller structure than zoning laws typically permit.