Based on the given information, the variance of this random phenomenon is 0.1051.
How to calculate the variance of a random phenomenon
To calculate the variance of a random phenomenon, compute the weighted average of the squared deviations from the mean.
Here's how you can calculate the variance for the given outcomes:
Calculate the mean:
Mean (μ) = (Number of earthquakes * Probability)
= (0 * 0.95) + (1 * 0.03) + (2 * 0.02)
= 0.03 + 0.04
= 0.07
Calculate the squared deviations from the mean for each outcome:
Squared deviation = (Number of earthquakes - Mean

For 0 earthquakes:
Squared deviation =
= 0.0049
For 1 earthquake:
Squared deviation =
= 0.8649
For 2 earthquakes:
Squared deviation =
= 3.7249
Calculate the weighted average of the squared deviations:
Variance = (Squared deviation * Probability)
Variance = (0.0049 * 0.95) + (0.8649 * 0.03) + (3.7249 * 0.02)
= 0.004655 + 0.025947 + 0.074498
= 0.1051
Therefore, the variance of this random phenomenon is 0.1051.
you investigate the number of earthquakes that occur in a year. you get the following outcomes:
Number of earthquakes: 0, 1, 2
Probability: 0.95, 0.03, 0.02
what is the variance of this random phenomenon?