Tag: variance

What is 'Variability' Variability is the extent to which data points in a statistical distribution or data set diverge from the average,...

DefinitionIn statistics, the variance inflation factor is the ratio of variance in a model with multiple terms, divided by the variance of a model...

What is 'Vault Receipt' A document frequently used as a delivery instrument to indicate ownership of precious metals stored in a bank,...

What is 'Variance' Variance is a measurement of the spread between numbers in a data set. The variance measures how far each...

What is a Variable Overhead Spending Variance A variable overhead spending variance is the difference between the actual amount of variable overhead incurred and the...

What is a 'Variable Overhead' Variable overhead is the indirect cost of operating a business, which fluctuates with manufacturing activity. For example,...

Definition A variance swap is an over-the-counter financial derivative that allows one to speculate on or hedge risks associated with the magnitude of movement, i.e....

What is 'Gamma Pricing Model' An equation for determining the fair market value of a European-style option when the price movement on...

Generalized AutoRegressive Conditional Heteroskedasticity (GARCH) Process What is the 'Generalized AutoRegressive Conditional Heteroskedasticity (GARCH) Process ' The generalized autoregressive conditional heteroskedasticity...

DefinitionIn mathematics, the geometric mean is a mean or average, which indicates the central tendency or typical value of a set of numbers by...