in reply to Re: variance calculation
in thread variance calculation
... maybe you actually want the number of array elements minus 1?
Dividing by n is okay for purely descriptive purposes, i.e. when you're simply making a statement about the variability in the sample itself. If you're using the value as an estimate of the underlying population's variance, however, then use n - 1.
It can be shown that the variance of a concrete sample is a biased estimate of the variance found in the population the sample is drawn from. Using n - 1 compensates for that bias. For larger sample sizes, it doesn't make much difference anyway.
In short, it's n for descriptive statistics, and n - 1 in the context of inferential statistics.
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