Variance of probabilistically-described gambles (without N-1 correction)
Arguments
- p
A numeric vector or matrix, the probabilities.
- x
A numeric vector or matrix, outcomes, same length as x.
Value
The variance of the gamble or (if input is a matrix) the gambles
Examples
# Variance of the gamble 0 with 10% otherwise 10:
varG(p = c(.9,.1), x = c(0,10))
#> [1] 9
