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ROG
Responsive Resident
Responsive Resident

Variance vs Difference of a measure

Hi all,

 

Could you please explain to me what's the difference between a Variance measure and difference measure?

 

The difference calculation is TY - LY 

I've seen a few types of ways to calculate the VAR, but I would to undertsand the meaning of each measure.

 

Many thanks!

1 REPLY 1
amitchandak
Super User
Super User

@ROG , if you talking about a variable VAR in power bi, that is there to hold a value.

 

While Variance and difference have different statistical meanings. Usually, in BI tool both are used for difference

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