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"variance analysis" is a correct and usable phrase in written English.
Variance analysis can be used to describe the process of analyzing the differences between budgeted and actual amounts of a given item. For example, an accountant may perform a variance analysis to evaluate the differences between the estimated cost of a project and the actual cost of that project.
Exact(59)
Then there's something called variance analysis.
[Recommended material is Variance Analysis and Flexible Budgeting, Harvard Business School Publishing, Note 9-101-039, c 2000, and the on-line HBS tutorial on variance analysis].
The Kalamazoo Zoo is a short, amusing case for use in teaching variance analysis.
The optimum modification condition was obtained from variance analysis.
Finally, multivariate variance analysis is used to analyze the model.
The case is best taught after students have already learned the basics of variance analysis, using a standard text.
Multivariate variance analysis proves significant difference among three methods at 0.05 probability level.
Parameters main and interaction effects have been evaluated using the variance analysis technique.
A model has been obtained by means of variance analysis at the 92.5% confidence level.
The comparison requires sophisticated yet well-developed methods for multi-reader multi-case (MRMC) variance analysis.
Variance analysis shows equivalent hydrodynamic behavior in the parameter range employed.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com