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The formula for calculating variances is as follows:
Variance = Summation(x - mean of x)2/n
Where, Summation(x - mean of x)2 = summation x2 - {(summation x)2/n}
Variance = Summation(x - mean of x)2/n
Where, Summation(x - mean of x)2 = summation x2 - {(summation x)2/n}
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