Variance is sum of square of deviation from the mean.
Mean of sum value=(£g)
Standard deviation of sum value=S=(£m)
Variance of sum value=s2=£mx£m
i.e.
Lottery in C(42,6)
£g=129
£m=27.8208554864
Variance=774=£mx£m
Question:
£mx£m=6£g....129x6=774....Why?
Who can prove them?
Mean of sum value=(£g)
Standard deviation of sum value=S=(£m)
Variance of sum value=s2=£mx£m
i.e.
Lottery in C(42,6)
£g=129
£m=27.8208554864
Variance=774=£mx£m
Question:
£mx£m=6£g....129x6=774....Why?
Who can prove them?
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