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mathematical formula for variance. For a discrete random variable X the variance of X is. The general formula for variance decomposition or the law of total variance is.
Where m is Mean N is the total number of elements or. Write down the population variance formula. The general formula for variance decomposition or the law of total variance is.
For a discrete random variable X the variance of X is.
Variance 4. Calculate Variance of Population Manually in Excel We will use the same data that we used in the above example. X Item given in the data. The variance of a sample is defined by slightly different formula.