How to Calculate Variance of Negative Binomial Distribution?
Variance of Negative Binomial Distribution calculator uses Variance of Data = (Number of Success*Probability of Failure in Binomial Distribution)/(Probability of Success^2) to calculate the Variance of Data, Variance of Negative Binomial Distribution formula is defined as the expectation of the squared deviation of the random variable that follows Negative Binomial distribution, from its mean. Variance of Data is denoted by σ2 symbol.
How to calculate Variance of Negative Binomial Distribution using this online calculator? To use this online calculator for Variance of Negative Binomial Distribution, enter Number of Success (NSuccess), Probability of Failure in Binomial Distribution (qBD) & Probability of Success (p) and hit the calculate button. Here is how the Variance of Negative Binomial Distribution calculation can be explained with given input values -> 5.555556 = (5*0.4)/(0.6^2).