How to calculate revenue and expense variance to the budget Before analyzing what budget variances mean, they must first be calculated.

To calculate statistical variance in Microsoft Excel, use the built-in Excel function VAR.

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How to Calculate Variance in OpenOffice. Variance is a statistical calculation that numerically describes the amount of variation in a data set. If values in a data set wildly fluctuate, variance ...

Learn how to calculate Value at Risk (VaR) to effectively assess financial risks in portfolios, using historical, variance-covariance, and Monte Carlo methods.