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Business Process > Variance Analysis

The following information is about Variance Analysis.

Variance Analysis Defined

The difference between the budgeted and actual cost of work performed. Variance can be calculated based upon time as well as cost.

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  • Analysis of Variance and Covariance: This page presents example datasets and outputs for analysis of variance (ANOVA) and covariance (ANCOVA), and computer programs for planning data collection designs.

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