How to Calculate Variance in Sampling Distribution of Proportion given Probabilities of Success and Failure?
Variance in Sampling Distribution of Proportion given Probabilities of Success and Failure calculator uses Variance of Data = (Probability of Success*Probability of Failure in Binomial Distribution)/Sample Size to calculate the Variance of Data, Variance in Sampling Distribution of Proportion given Probabilities of Success and Failure formula is defined as the expectation of the squared deviation of the random variable that follows sampling distribution of proportion, from its mean, and calculated using both success and failure probabilities. Variance of Data is denoted by σ^{2} symbol.
How to calculate Variance in Sampling Distribution of Proportion given Probabilities of Success and Failure using this online calculator? To use this online calculator for Variance in Sampling Distribution of Proportion given Probabilities of Success and Failure, enter Probability of Success (p), Probability of Failure in Binomial Distribution (q_{BD}) & Sample Size (n) and hit the calculate button. Here is how the Variance in Sampling Distribution of Proportion given Probabilities of Success and Failure calculation can be explained with given input values -> 0.003692 = (0.6*0.4)/65.