Quick reminder on how to work out the variance plz

System
System Posts: 100,537 🤖 Admin 🤖
edited June 9 in AAT member discussion
Ok well title says it all really but here it goes as to how i think variance should be calculated but im not so sure so a reasurance off somebody would be very appreciated indeed.

Old(i.e last years figure) - New(this years figure)

old-new divided by old and then multiply by 100 = the variance


am i correct in the above statement, plz let me know anyone, thank you in advance.

Andrew :)

Comments

  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:Quick reminder on how to work out the variance plz

    Yeah that is it.

    Regards

    Dean
  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:Quick reminder on how to work out the variance plz

    Thanks for your reply, just thought it was better to be sure just in case, thanks again and kindest regards,

    Andrew
  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:Quick reminder on how to work out the variance plz

    Just out of interest, what is this "variance"?
  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:Quick reminder on how to work out the variance plz

    Year on year comparison :)

    Regards

    Dean

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