Variability is the degree to which a data series deviates from its mean (or in the accounting world, how much a budgeted value differs from an actual value).
Variability (also called spread or dispersion) refers to how spread out a set of data is. Variability gives you a way to describe how much data sets vary and allows you to use statistics to compare your data to other sets of data. The four main ways to describe variability in a data set are: Range. Interquartile range. Variability is the degree to which a data series deviates from its mean If you're going to spend money anyway, then why not get paid for it? <em>Hope This Answer Help Your Question Friend!</em>
