variance

UK /ˈvɛə.ɹi.əns/ US /ˈvæɹ.i.əns/
noun 5

Definitions

noun

1

The act of varying or the state of being variable.

2

A difference between what is expected and what is observed; deviation.

Certain other factors were considered to explain the variance from expected figures. All seven aviators smoked. Each considered himself to be in good physical condition, though none found the time to exercise regularly. No aviator was obese.

This remains an important tool and relies on simple subtraction to evaluate the difference ( variance ) between a planned result and an actual measurement.

3

The state of differing or being in conflict.

But here, again, is the old variance between nature and fortune: each seems to delight in marring the work of the other.

4

An official permit to do something that is ordinarily forbidden by regulations.

5

A discrepancy between two legal documents.

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