How to Calculate Variance in Bernoulli Distribution?
Variance in Bernoulli Distribution calculator uses Variance of Data = Probability of Success*(1-Probability of Success) to calculate the Variance of Data, Variance in Bernoulli Distribution formula is defined as the expectation of the squared deviation of the random variable associated with a statistical data following Bernoulli distribution, from its population mean or sample mean. Variance of Data is denoted by σ2 symbol.
How to calculate Variance in Bernoulli Distribution using this online calculator? To use this online calculator for Variance in Bernoulli Distribution, enter Probability of Success (p) and hit the calculate button. Here is how the Variance in Bernoulli Distribution calculation can be explained with given input values -> 0.24 = 0.6*(1-0.6).