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Sixth Topic: Maximum Variance

Posted by Donatello under

Biological
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To determine the maximum theoretical standard variance from an average value specified for a value-bounded set, the squares must be maximized. If the range of values is from *p_a* to *p_b*, and the average value is *n*, the maximum variance can be calculated fairly simply.

The largest variances possible will be found where the largest possible gaps are. These are from *p_a* to *m = m – p_a*, and from *m* to *p_b = p_b – m*. The values attained from each of these gaps must contribute to an average value of *m*. To do this, we require…

Here`s the rest: Maximum Variance

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