Exercise Sample Variance

Question

I tried the exercise on this lesson, and got the right answer, BUT I still don't know what it means, here is the explanation from the exercise solution:

Variance: 133,433,409,536.36

Explanation: There is great dispersion between the income of different people in the USA(sounds like a slight shot at the income disparity lol, sad but true!)

My question is, what does the number mean when compared to the mean of $189,848.18? What am I missing that it's not connecting for me?

Answer 1

Here the number that variance denotes(133,433,409,536.36) is the income of number of people near to average income or mean(189,848.18).

Exercise Sample Variance

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