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Beta Variance
$$\operatorname{Var}(X)=\frac{\alpha\beta}{(\alpha+\beta)^2(\alpha+\beta+1)}$$
Usage
- Used to calculate variation in beta-distributed quantities.
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Beta Variance
$$\operatorname{Var}(X)=\frac{\alpha\beta}{(\alpha+\beta)^2(\alpha+\beta+1)}$$
Usage
- Used to calculate variation in beta-distributed quantities.
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