This document discusses genetic variance and gene action. It defines additive, dominance, and epistatic variance as components of genetic variance. Additive variance is due to average gene effects and is fixable through selection. Dominance variance is due to interactions between alleles and is not fixable. Epistatic variance includes additive and non-additive interactions between loci. The document also discusses assessing variability through components of genetic variance estimated using diallel crosses and generation mean analysis.