The **VAR.P **function is a *statistical* function that can calculate and return the variance of a population. This formula was essentially introduced as a replacement for the outdated **VARP** function. Variance provides a general idea of how much data points are spread in a data set, and can be used to calculate the standard deviation or determine the risk of an investment. In this guide, we’re going to show you how to use the **VAR.P **function and also go over some tips and error handling methods.

## Supported versions

- Excel 2010 and newer versions

## VAR.P Function Syntax

## Arguments

number1 | The first number corresponding to the entire population. |

[number2] | Optional. Any other number arguments. Up to 254 can be entered corresponding to a sample of a population. |

## VAR.P Function Example

The **VAR.P** function accepts numeric values as its arguments. Any type of text or logical values will be ignored. You can use range references or static values just like in any other formula.

The function calculates the variance using the following function:

- x: population mean (average)
- x ̅: element of the population
- n: population size

Here is the comparison of the two methods:

The example below uses a formula with the named range **sample** (B5:B9).

## VAR.P Function Tips

- The
**VAR.P**function assumes that its arguments represent the entire population. If your data is a sample of a population, prefer using**VAR.S**instead. - The
**VAR.****P**function ignores text and logical values like*TRUE*and*FALSE*. If you want to evaluate text values and*FALSE*as*0*and*TRUE*as*1,*use the**VARPA**function instead. - Empty cells are ignored.
- In most cases, we recommend using the
**VAR.****P**instead of the outdated**VARP**function.

## Issues

- Any error in the arguments will cause the function to return an error.