Variance of Random Variable Calculator
Find the mean, variance and standard deviation of a discrete random variable with four outcomes.
Compare Your Options And Get Clear Answers
Find the mean, variance and standard deviation of a discrete random variable with four outcomes.
Variance of Random Variable Estimator
Enter your numbers below for an instant estimate.
How It Works
Key concepts behind this calculator
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Read the breakdown and the explanation.
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Variance Quick Guide
Typical values for reference.
| Outcomes | Probabilities | Mean | Variance |
|---|---|---|---|
| 1, 2, 3, 4 | 0.25, 0.25, 0.25, 0.25 | 2.50 | 1.250 |
| 1, 2, 3, 4 | 0.2, 0.3, 0.3, 0.2 | 2.50 | 1.050 |
| 0, 1, 2, 3 | 0.5, 0.3, 0.15, 0.05 | 0.75 | 0.787 |
| 10, 20, 30, 40 | 0.1, 0.2, 0.3, 0.4 | 30.00 | 100.000 |
| Rule of Thumb | Check inputs | Use as a guide | Round sensibly |
Variance of Random Calculator FAQ
Answers to common questions about this calculator.
The expected squared distance from the mean.
Use E[X squared] minus the mean squared.
The distribution is not valid.
The square root of variance.
