The typical presentation of
variance in textbooks often looks like
this Wikipedia definition. Quite daunting for the non-expert. So, how would you explain the notion of variance to someone who has little or no background in statistics and couldn't easily digest all that gobbledygook?
The Mean
Let's drop back a notch. How would you explain the
statistical mean? A common way to do that is to utilize the simple visual device of the "bell curve" belonging to the normal distribution (Fig. 1).
Figure 1. A normal distribution
The normal distribution, N(x,μ,σ2), is specified by two parameters:
- Mean, usually denoted by μ
- Variance, usually denoted by σ2
that determine (1) the location and (2) the shape of the curve. In Fig. 1,
μ=4. Being a probability, the curve must be normalized to enclose unit area. Also, since
N(x) is
unimodal and
symmetric about
μ, the
mean,
median and
mode are all located at the same position on the
x-axis. Therefore, it's easy to point to the mean as being the
x-position of the peak. Anybody can see that immediately. Mission accomplished.
But what about the variance? Where is that in Figure 1?