How to Calculate Variance Percentage in Excel

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In this video, I'll guide you through three methods to calculate variance percentages in Excel. You'll learn about applying a simplified formula, using the alternative formula, applying the IFERROR function, and calculating the variance percentage for negative numbers. Calculating variance percentages allows you to make comparisons between different groups of data, track progress toward a goal, and analyze the performance of a business or organization. With practical examples and step-by-step instructions, you can effortlessly calculate variance percentages in your own Excel spreadsheets.

👨‍🏫 Instructor: Sabrina Ayon
🎥 Editor: Prantik Chowdhury

✨ ⯆ Resources:
Ctrl+Shift+% - To apply the percentage format

▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
0:00 - Intro
0:34 - What is the variance percentage
1:29 - Applying a simplified formula
2:21 - Using alternative formula
3:00 - Applying the IFERROR function
4:15 - Calculating variance percentage for negative numbers

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