Variance of Binomial Distribution
What is the Variance of Binomial Distribution?
The variance of the binomial distribution is the disperse the probabilities with respect to its expected value i.e., mean.
What is the Formula of Variance of Binomial Distribution?
The formula for the variance of binomial distribution is given by:
σ2 = npq
where,
- n is number of trials
- p is probability of success
- q is probability of failure
What is the Variance of Binomial Distribution Always Equals to?
The variance of binomial distribution is always less than its mean i.e., expected value.
How Do You Find the Variance of a Binomial Distribution?
To find the variance of a binomial distribution we use the variance of binomial distribution formula i.e., σ2 = npq.
Variance of Binomial Distribution
Variance of Binomial Distribution is a measure of the dispersion of probabilities with respect to the mean value (expected value). This value tells us the typical extent to which sampled observations tend to differ from the expected value.
In this article, we will explore the variance of the binomial distribution, the formula for variance in the binomial distribution, and the derivation of the variance formula for the binomial distribution. We will also solve some examples related to the variance of the binomial distribution. Let’s begin our learning journey on the topic of the Variance of Binomial Distribution.”
Table of Content
- What is Binomial Distribution?
- Variance of Binomial Distribution
- Variance of Binomial Distribution Formula
- Derviation Of Variance Of Binomial Distribution
- How to Find the Variance of Binomial Distribution?
- FAQs
Contact Us