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What is Variance

Handbook of Research on Technology Tools for Real-World Skill Development
A statistical term used to explain how well one variable (e.g. CLA score) adds to the predictability of a second variable (e.g. GPA).
Published in Chapter:
Using the Collegiate Learning Assessment to Address the College-to-Career Space
Doris Zahner (CAE, USA), Zachary Kornhauser (CAE, USA), Roger W. Benjamin (CAE, USA), Raffaela Wolf (CAE, USA), and Jeffrey T. Steedle (Pearson, USA)
DOI: 10.4018/978-1-4666-9441-5.ch009
Abstract
Issues in higher education, such as the rising cost of education, career readiness, and increases in the achievement gap have led to a movement toward accountability in higher education. This chapter addresses the issues related to career readiness by highlighting an assessment tool, the Collegiate Learning Assessment (CLA), through two case studies. The first examines the college-to-career space by comparing different alternatives for predicting college success as measured by college GPA. The second addresses an identified market failure of highly qualified college graduates being overlooked for employment due to a matching problem. The chapter concludes with a proposal for a solution to this problem, namely a matching system.
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Wind Loads on Structures, and Energy Dissipation Systems Optimization
In probability theory, it is the expectation of the squared deviation of a random variable from its mean, and can be estimated as the area of the PSD graph (response).
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Some Aspects of Estimators for Variance of Normally Distributed Data
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Challenges in Estimation of Beta: Market Models Used for Risk Estimation
The probability-weighted average (expected value) of squared deviations from an expected value of a random variable.
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GPR and RVM-Based Predictions of Surface and Hole Quality in Drilling of AISI D2 Cold Work Tool Steel
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