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Computer Systems Engineer/Architect

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AVG. SALARY

$96,210

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EDUCATION

Bachelor's degree

Real-Life Activities

Real-Life Math -- Solution

You want to calculate the variance. You know the actual pay is $255. You also know that the expected pay is 85 percent of that.

EXP = ACT x PERCENT
EXP = 255 x 0.85
EXP = 216.75, or 217

Now you can use the other formula to figure out the variance.

VARIANCE = ACT - EXP
VARIANCE = 255 - 217
VARIANCE = 38

This is the variance, or difference between the actual and expected pay.